📈 Is Bitcoin $BTC in a significant decline? And when will it end?
1. Current situation
Bitcoin is currently around $118,500–119,000, which is a new record level after a strong recent upward wave.
Technical analysis indicates strong support levels while breaking the $110,000–114,000 levels could signal the beginning of an additional upward wave towards $140,000–150,000.
2. Is there a sustained “significant decline”?
Recently, the data does not indicate any significant decline. On the contrary, Bitcoin is witnessing a rise to record levels thanks to factors such as: strong institutional demand, a decrease in valuation in US dollars, and potential progress in cryptocurrency regulation.
Some analyses like Cointelegraph suggest that any potential collapse could drive the price down to $100,000 or as low as $93,000–74,000, but these scenarios have not materialized in reality so far.
3. What makes the decline “significant”?
Note: A significant decline means a sharp and sustained drop. As of today, the market is on an upward trajectory with potential occasional fluctuations.
Factors that could tilt the balance towards a decline include: geopolitical tensions, failure in a major trade deal, or mass exits from Bitcoin funds.
4. Summary: Will the significant decline continue?
Currently, there is no sustained significant decline — on the contrary, Bitcoin is heading towards historical highs. If you are wondering about the possibility of continued decline, we should monitor:
Breaking key levels such as $114,000 downwards
Sudden changes in the economic environment (such as interest rate policies, inflation, tensions)
Institutional investment flow
🚀 Generally, at this moment, the term “sustained significant decline” does not apply to Bitcoin.
🧭 Additional advice
If you mean to ask when it returned from any previous significant decline, it can be said that Bitcoin has returned and surpassed new record levels. However, if you are wondering whether there will be a significant decline in the future, it cannot be accurately predicted — the currency is highly affected by global events and technical analyses.
