Expert Predicts Bitcoin Dip to $49K as ‘Trump Insider’ Whale Dumps 5,000 BTC

Bitcoin rebounded today, reclaiming the $70,000 level. However, the Bitcoin price remains down 27.9% over the past month. Still, fear is high, as CoinMarketCap’s Fear & Greed Index held at 11, indicating “Extreme Fear.” Analysts continue to weigh in on whether there will be a further Bitcoin dip as “Trump insider whale” Garrett Jin sells substantial BTC holdings.

Expert Says Bear Market Timing Points to $49K Bitcoin Dip

As per Colin Talks Crypto, Bitcoin has been in a bear market since Oct. 6, 2025, lasting just over four months. He noted that a typical bear market, from top to bottom, lasts about one year. Based on that pattern, he estimated Bitcoin is roughly 35% through the cycle.

He added that this timing could mean the market is already “pretty far along” in the bear phase. The analyst also said most people recognize bear market conditions too late. He placed his estimated bottom range between $32,000 and $60,000, however, he said $49,000 is his single best prediction.

With Bitcoin trading around $70,000, his comments show uncertainty around the current rebound. That uncertainty has also been shown by reactions from other analysts tracking broader downtrend conditions.

More Analysts Flag Weak Momentum as Downtrend Persists

Crypto expert Scient said past bear markets ended only after Bitcoin began moving out of its macro downtrend. He pointed to 2019 and 2022 as examples where the shift happened after BTC started reclaiming strength. Scient stressed that the breakout did not occur at the exact bottom.

He said Bitcoin price is in a clear macro downtrend, with no confirmed signs of strength. Scient added that long-term buyers may reduce risk by waiting for price action to trend outside the current structure. He also said traders do not need to predict the exact bottom if they respect the macro trend.

Meanwhile, The Great Martis said Bitcoin momentum is “plummeting.” He added that any bounce may stay weak, followed by lengthy sideways action. He also said Bitcoin could head lower over time.

Trump Insider Whale Moves 5,000 BTC as Exchange Flows Turn Volatile

As per Lookonchain data, Garrett Jin sold 5,000 BTC worth about $348.82 million. He withdrew 53.12 million USDT from Binance, likely tied to the BTC sale. Despite the sell-off, Jin still holds more than 30,000 BTC, worth about $2.09 billion. 

Also, Whale Alert reported 1,651 BTC worth about $113.9 million moved from an unknown wallet to Binance. Exchange flow data also showed sharp changes. Bitcoin has had heavy inflows, including a -$450 million netflow on Feb. 3. That move aligned with BTC dropping toward the $65,000 to $68,000 range by Feb. 6.

Source: Coinglass

However, strong outflows above +$250 million appeared around Feb. 6 and Feb. 7, matching price stabilization. From Feb. 8 onward, netflows became smaller and more balanced, suggesting reduced selling pressure.