$BTC Massive sell-off — Cryptocurrency assets are losing value, and not only Bitcoin, but altcoins are crashing as well. Many cannot withstand the pressure and are forced to sell at low prices to minimize losses.

Loss of trust — People who invested with thoughts of "digital gold" will feel disappointed. As a result, confidence in the crypto market declines, and small investors leave, often deciding not to return.
Prolonged accumulation period — As after previous crashes, the market may enter a long period of depression, when buyers lose interest, trading volumes decrease, and the entire market slows down for several months or even years.