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A growing number of crash predictions are being fuelled by a bearish attitude towards X. Dom (@traderview2) is a well-known crypto analyst who warned on Wednesday that Bitcoin was approaching a tipping point in its structure, which could lead to a serious breakdown if the bulls do not act quickly. “If this continues, it snaps,” Dom warned about a wave relentless pressure to sell and the dwindling liquidity on major exchanges.
Bitcoin is Running Out of Time
In a detailed postDom described the current market situation as “vital,” It is worth noting that Bitcoin as well as the crypto industry in general are currently at a point where “it needs to save itself or we’re going south.” According to him, the most recent chart of the week reflects an overall bearish sentiment. “liquidity grab”—a move where BTC pushed above the previous weekly high only to sharply reverse, a pattern often marking local tops.
This reversal was accompanied by the formation of a declining strength three-touch, which signals fading bullish movement. “I think time is ticking for bulls to save this chart, as it needs to happen soon IMO,” Dom, who stressed the urgent need for a bullish reclaim To invalidate a setup.
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The structural basis appears to be deteriorating beneath the price movement. Dom pointed to alarmingly thin order books across key spot markets—Binance, Bybit, Coinbase, OKX, and Kraken. In the last three weeks, approximately 38,000 BTC was sold to the market and absorbed by passive bidding.
Analysts warn that while buyers are holding steady, there is little liquidity below current prices. “There is virtually no support down to 80ks (at least as of now), not even advertisement of support,” “He said”
This same pattern can be seen in the perpetual futures market. Takers have been consistently selling on platforms like Binance Bybit OKX and Hyperliquid. “relentless downtrend of market selling.” The pressure could be insurmountable if conditions don’t change fast.
Dom draws a comparison to Bitcoin’s breakdown in February from its 90k level. “We saw the same dynamic pre-90k breakdown.” This is a clear indication that BTC, if it does not undergo a change in its market behaviour may also suffer a fate similar to Bitcoin.
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The bearish forecast is bolstered by seasonal trends. Dom highlighted that summer months historically bring weaker market participation and lower liquidity—an environment that exacerbates downside moves and limits the impact of bullish efforts to regain control.
Dom is clear that despite the grim outlook, a return to the level of 108.5k would be required for his position to become bearish. “If that level regains, great. I think we can void these signals,” “He said” “But for now, bearish outlook for me is the better R/R on a risk-first basis.”
Dom confirmed in a different reply that a dip into the $96,000–$98,000 regionThis would be true even if the wick was in excess of $80,000. “It surely would not be abnormal and I think structure would still be ok,” He added that, in the event of such an action being taken, he will reassess his setup.
Dom is clear: the time is short. With orders dwindling, takers increasing, and no support underneath, Dom is adamant that it is too late.
BTC is currently trading for $104,694.
Featured Image created using DALL.E and chart from TradingView.com
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Source: www.newsbtc.com
