Bitcoin’s recent decline below crucial support levels might signal the end of the 2025 bull run, with traders forecasting a bearish target of $52,000. Analysts have reported that the cryptocurrency fell to $103,500, resulting in liquidations valued at over $916 million, leading to a negative sentiment in the BTC market. The consistent failure to maintain prices above $110,000 over the past fortnight has left investors anxious about the future.

Bitcoin Bull Run May Conclude Soon

The possibility of Bitcoin’s price surge ending soon seems likely as it follows historical trends of previous bull runs, as suggested by analyst CryptoBird. The forecast indicates that there are only 10 days left in this cycle. He emphasized that, “1,058 days since cycle low = 99.3% complete, with only 0.7% remains of this historic bull cycle. Our October 24 target is exactly 10 days away.”

The pullback reflects typical market behavior as the weaker participants are shaken out before hitting the peak, resetting sentiment perfectly for a final bullish leg.

BTC/USD Chart. Source: CryptoBird

Despite Bitcoin being +25 days inside the historical peak window post the 2024 halving, analysts warn of a significant risk. Analyst Daan Crypto Trades remarked that the cryptocurrency is now at a critical fibonacci retracement level around $104,000, and crossing below this could lead to deeper price corrections. He commented, “Touching grass if bulls can’t manage to hold this level this week.”

BTC/USD Daily Chart. Source: Daan Crypto Trades

Potential Price Drop Forecast

With Bitcoin currently testing support levels that include the 200-day simple moving average (SMA), analysts predict a possible drop to $50,000 if these levels are breached. Analyst Captain Faibik noted, “The Bitcoin bull run is over,” stressing that a mid-term correction of 50% is expected.

BTC/USD Weekly Chart. Source: Captain Faibik

Retail engagement appears at bear market levels, indicating caution ahead of potential price declines.