Analysis indicates that Bitcoin is approaching a critical juncture, with bearish divergence patterns forming as its price targets $95,000. While current valuation metrics suggest BTC is undervalued, hinting at a possible reversal, the immediate outlook points to a potential breakdown. This development comes as the wider cryptocurrency market shows signs of weakness. Arthur Hayes' portfolio, heavily invested in top-tier altcoins, has reportedly dropped over 30%, fueling debate among analysts about whether the current crypto cycle is losing steam. Experts are pointing to late-stage market signals, suggesting a period of heightened caution for investors across the altcoin spectrum.