The post Bitcoin Price Crash Sparks Debate Over Bull Market Fate appeared on BitcoinEthereumNews.com.

The bitcoin price has experienced a dramatic plunge, delivering one of the most severe sell-offs in crypto history over the past week. Over $19 billion in positions were liquidated in a matter of hours, with more than 1.6 million traders forced out of the market, the largest liquidation event ever recorded. Many altcoins plunged over 80%, leaving investors questioning whether the Bitcoin bull market has finally topped. Bitcoin Price: Has the Bull Market Ended? While the crash was brutal, the data doesn’t suggest the end of the bull cycle. BTC is now over 1,050 days into its current cycle — similar timing to the 2017 and 2021 peaks — but the broader backdrop looks different. Bitcoin’s behavior today is less about its halving schedule and more tied to Global Liquidity and the traditional business cycle. Global M2 growth has recently flattened, but rate cuts are now being priced in for late 2025. In every previous instance, falling rates have preceded Bitcoin’s strongest rallies, as cheaper credit fuels renewed risk appetite. Bitcoin Price: Derivatives Market Reset $19 billion in leveraged positions vanished within hours as cascading liquidations sent crypto markets lower. This flush was amplified by excessive leverage rather than broad spot selling. Funding rates have now swung deeply negative, the most bearish reading since October 2023 when BTC traded around $28,000. Historically, such conditions have marked major local bottoms and the start of sharp recoveries. Bitcoin Price: Fundamentals Remain Stable Despite the chaos in derivatives, on-chain data tells a calmer story. Long-term holders are not selling in size, and supply metrics like coin days destroyed remain subdued. The spent output profit ratio briefly dipped negative, showing that recent buyers capitulated at a loss, a common mid-cycle shakeout pattern. Supply-adjusted coin days destroyed has continued trending lower, confirming that conviction among…

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Filed under: News - @ October 14, 2025 2:30 pm