We Know Crypto Is Dying Because This Tell Tale Warning Sign Just Happened

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Bitcoin/crypto pumps are failing.

Elon Musk has millions of followers on Twitter who worship him, and in the past they would buy crypto coins when he pumped them.

Last week he put this “AI” generated image up on his Tweeter or X.

In the past when Elon pumped the virtual DOGE coin it would jump up and people would chase it, but this time it failed to go up at all.

That’s a sign that crypo coins are now in a bear market.

The S&P 500 is still above its 200-day moving average, even though that average is flattening out, but Bitcoin is below its 200-day moving average and it is starting to slope down.

That’s a classic sign of a stage four bear market.

Here is a chart of Bitcoin, so you can see what I’m talking about.