Ivan warns that Bitcoin is at serious risk after losing a major support level around 105K. While others were buying the dip, he advised caution and believes now is the time to focus on capital preservation, not catching a falling knife.

Ivan’s Outlook – Key Points

Key Highlights:
  • Bearish trend confirmed – Bitcoin closed below key support, breaking a structure that held since May. Ivan sees no reason to rush into buying unless it reclaims 110K.

  • Protect your capital – Ivan stresses de-risking, especially since BTC could fall to 96K or even 75K in a worst-case scenario.

  • Still a bull cycle – Long-term trend remains intact, but short-term downside risk is growing. A return to 50K-60K wouldn’t be surprising if a bear phase sets in.

  • Institutions are selling too – Ivan highlights BlackRock dumping assets and notes that institutional behavior mirrors retail panic, not long-term conviction.

  • Altcoins remain weak – Most alts are still in bearish trends. Even ETH is hovering just above key levels.

Final Takeaway

Ivan is not calling for a full-blown bear market yet, but he urges caution. For now, protecting your portfolio is more important than chasing rebounds.