Bitcoin (BTC) is showing early signs of hesitation after , positioning the market at a critical decision phase. A crypto analyst has shared details on whether the current pause reflects or a shift in momentum that could influence the broader crypto market. 

A recent analysis by crypto analyst Tony Severino that Bitcoin is entering a critical decision phase, with price action indicating a maturing trend. His chart highlights a robust upward structure that has begun to slow, signaling a shift in market behavior rather than an . Notably, this moment is significant not just for Bitcoin but for the broader crypto market, which . 

Crypto Market Next Move As Bitcoin Hits Key Phase

Severino’s chart illustrates a steady climb in Bitcoin’s price, marked by higher highs and measured pullbacks, indicating that . However, recent candles show slower momentum and smaller bodies, suggesting that BTC’s bullish strength is starting to waver. The analyst has stated that the market is currently testing whether buyers still have the strength to or if Bitcoin’s upward move has run its course.

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Another key feature of the chart is forming near the top of the trend. Severino notes that this candle should not be interpreted as a sell signal, but rather an acknowledgement by the market that Bitcoin’s upside certainty has ended. The candle is also viewed as an early sign of hesitation, with multiple market outcomes possible. 

Severino explained that the market could enter , where Bitcoin’s price consolidates while maintaining a larger uptrend. Alternatively, the pause could signal , with stronger hands beginning to transfer risk as BTC’s momentum fades. 

Another possibility is driven by renewed conviction and late-cycle momentum. In that scenario, Bitcoin could break out of its and extend gains before any new correction. Notably, Severino’s chart analysis does not confirm which path the market could ultimately take, only that the next sequence is expected to be decisive. 

Bitcoin Price Faces Potential Decline To $35,000

In a separate post, crypto market expert Lofty that Bitcoin could extend its downtrend, potentially triggering a . He pointed out striking similarities between the current BTC cycle and , highlighting a Double Top pattern that has preceded a significant price drop in the past cycle. 

According to Lofty, if Bitcoin follows its historical four-year trend, its price could collapse to $35,000 within the next two weeks. Notably, the cryptocurrency has already completed its and is showing early signs of a prolonged downtrend. If the price declines to $35,000, it would represent a more than 60% drop from its current value of over $88,500.