Introduction: Why Everyone Is Asking if the Bitcoin Bull Run Is Over
Bitcoin’s sharp pull-back from six-digit prices has traders, influencers, and casual investors all screaming the same question: is the Bitcoin bull run over? Social media sentiment flipped from euphoric to fearful in just a few daily candles, and comparisons to the 2021 double-top are flooding Twitter feeds. Before we jump to conclusions, we need to strip away emotion and focus on objective structure.
In this article we translate the video’s rapid-fire chart breakdown into a step-by-step guide you can reference any time volatility spikes. You’ll learn the four structural ingredients the market must lose before a sustained crypto bear market can begin, the exact price levels analysts are watching, and why a deeper retrace can still fit inside a healthy Bitcoin market cycle.
Along the way, we’ll address practical safeguards: setting alerts instead of staring at charts, using on-chain data to verify trend strength, and reviewing your risk management plan (see our detailed guide to crypto position sizing). By the end, you’ll have a clear framework for answering the headline question—without letting fear or greed dictate your trades. Keep the phrase “Bitcoin bull run” handy; we’ll revisit it throughout every section to test whether current price action truly invalidates it.
2021 vs. 2024: A Structural Comparison of the Bitcoin Bull Run
The first step in any solid Bitcoin technical analysis session is to compare past tops to the present. In 2021 the market painted a classic distribution pattern: a series of higher highs and higher lows that abruptly broke down, flipping daily—and eventually weekly—structure bearish. That breakdown confirmed a new crypto bear market and justified months of downside.
Fast-forward to 2024 and the chart tells a different story. Yes, Bitcoin printed a parabolic leg straight into six digits, but the subsequent rejection has not yet broken bullish structure. We still have a clear sequence of higher lows on the daily timeframe and, crucially, the weekly close remains above the last meaningful swing low. Until that low is lost, proclaiming that the Bitcoin bull run is dead is premature.
This distinction matters because retail traders often treat every sharp red candle as the end of the world. Visualize market structure like a staircase: as long as each step is higher than the previous one, the staircase still leads upward. Removing a single step (a swing low) is the only event that converts an uptrend into a downtrend. If you want additional context, check our article on reading higher-timeframe candles to validate a Bitcoin market cycle.
Drawing the Line in the Sand: Key Price Levels That End the Bitcoin Bull Run
Markets need clear invalidation points, and the video sets them with surgical precision. The presenter highlights the 67,000–70,000 USD zone as the critical weekly higher-low area. Lose that shelf and the Bitcoin bull run narrative drops to yellow alert. A second, even more decisive level sits at the prior swing low near 74,000 USD. An SFP (swing failure pattern) through that level, accompanied by a confirmed daily market-structure break, would flip the chart decisively bearish.
Why those numbers? They align with clustered liquidity from April’s consolidation, Fibonacci retracements of the entire 55K-to-100K leg, and the top of the 2021 range. Break them all and we suddenly have a lower low on multiple timeframes—classic crypto bear market fuel. Until then, any dip into these areas remains a potential higher-low buy zone for traders who trust the broader Bitcoin market cycle.
For position traders eyeing long-term accumulation, consider setting staggered bids inside this range and pairing them with disciplined stop losses. If price nukes straight through, you’re out with minimal damage. If it holds, you’ve secured exposure near the point of maximum pessimism. (After this section is the perfect place to embed the YouTube video so readers can watch the analysis unfold in real time.)
Liquidity Gaps and Potential Pull-Back Zones in This Bitcoin Bull Run
Rapid rallies almost always leave messy footprints—inefficient candles, unfilled order blocks, and clusters of resting liquidity below price. The March-to-May spike was no exception. According to the video, Bitcoin’s vertical ascent “flew too close to the sun,” leaving two glaring sets of equal lows on the four-hour chart and an untapped demand zone between 60,000 and 63,000 USD.
If sellers manage to push BTC into those levels, we should monitor three possible outcomes:
1. Absorption: Large bids step in, wicking price below the equal lows before a fast reversal.
2. Accumulation range: Price grinds sideways, printing a rounded base as funding resets.
3. Full breakdown: Bears maintain control, turning former support into resistance—a definitive crypto bear market signal.
Historically, scenario one offers the highest reward-to-risk entry for swing traders. Scenario two benefits dollar-cost-averagers who don’t mind time decay. Scenario three is where stop losses and hedging strategies earn their keep. Whichever unfolds, keep the primary keyword front and center: until a decisive lower low prints, the larger Bitcoin bull run argument remains valid.
Need a refresher on how liquidity pools work? Read our explainer on order-flow concepts and why smart money targets obvious stop clusters.
Controlling Emotion: Trading the Bitcoin Bull Run Without Losing Your Nerve
Technical levels are useless if you let sentiment dictate every click. The video’s host reminds us that the crowd screamed “buy the dip” when Bitcoin tapped 95K, then yelled “end of the world” days later. This emotional seesaw ruins portfolios. To stay grounded during a volatile Bitcoin market cycle, adopt the following habits:
• Pre-define invalidation: Know exactly where your thesis dies before you enter a position.
• Size positions realistically: Risk no more than 1–2 % of capital per trade, especially when volatility spikes. See our in-depth article on crypto risk management for step-by-step formulas.
• Use objective data: On-chain metrics like Realized Price or Exchange Reserves often tell a clearer story than Twitter timelines.
• Schedule screen-time limits: Checking a 15-minute chart every 30 seconds magnifies noise. Set alerts and walk away.
By replacing impulse decisions with structured plans, you give yourself the best chance to capture upside if the Bitcoin bull run resumes and to limit damage if a full crypto bear market appears. Remember, risk management is the only market variable you can truly control.
Conclusion: So—Is the Bitcoin Bull Run Really Over?
After dissecting structure, key levels, liquidity gaps, and trader psychology, we return to the original question: is the Bitcoin bull run over? Based on current data, the answer is still no. The weekly uptrend is intact, daily market structure has not flipped bearish, and the strongest invalidation level (67K) remains unbroken as of this writing.
That said, healthy trends breathe. A drawdown into the mid-60s—or even low-60s—would not automatically end the Bitcoin bull run. It would, however, test conviction and punish anyone ignoring sound risk practices.
Action items moving forward:
1. Mark 74K and 67K on your chart; they are your structural tripwires.
2. Prepare buy orders or alerts in the 60K–63K liquidity pocket.
3. Revisit your BTC price prediction models after each weekly close.
4. Keep educating yourself—our primer on Elliott Wave counts can complement today’s structure-first framework.
Until the market prints a confirmed lower low on the weekly timeframe, the larger thesis of an ongoing Bitcoin bull run remains statistically favored. Stay nimble, keep emotions in check, and let objective structure—not headlines—dictate your next move.
