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Ivan Liljeqvist highlights the recent pattern in Bitcoin price movements, noting a series of lower highs that confirm an ongoing bear trend.
He emphasizes that many traders became prematurely bullish and euphoric when Bitcoin reached $83k, describing this as a significant mistake and referring to it humorously as 'premature bulljaculation'. Liljeqvist underscores that the 'Money Line' indicator did not falsely flip bullish during this period.
Liljeqvist has previously warned about declines in major cryptocurrencies. He noted that Cardano ADA dropped 68.21 percent following a bearish shift and urged investors to avoid holding assets in a bear market. In a separate commentary, he observed that altcoin portfolio losses reached up to 90 percent after October 2025.