<ul><li>Bitcoin and other major altcoins have experienced a drop in value, with Bitcoin losing its support level at $100k.</li><li>Analyst Michael Pizzino warns of a potential bearish turn for the crypto market in the next 12 months.</li><li>Pizzino identifies the risk of a major market correction if Bitcoin falls below its support level at $74k and experiences a 'complacency bounce.'</li><li>Despite this, Pizzino advises investors to consider broader macroeconomic trends rather than relying solely on short-term analysis.</li></ul>

Aussie Analyst Says Crypto Done for, He’s Out if This Happens

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