A Massive “Bull Trap”: Why the Bitcoin Price Could Crash
The crypto market is once again under intense pressure. After attempting a breakout above $82,000, Bitcoin suffered a violent rejection, dragging its price back down to the $78,000 zone. For many investors, this bounce looked like the early stages of a new rally. However, according to the pseudonymous analyst Kabuki, it is nothing more than a massive bull trap disguised within a deeply bearish macroeconomic structure.
In a recent analysis, the expert highlights that the current BTC setup perfectly replicates a descending zigzag pattern, a technical indicator that often foreshadows a severe correction. According to him, the recent relief bounce is merely an illusion designed to trap overly optimistic traders before a much more aggressive retracement.
The analyst is not the only one sounding the alarm. Another market expert, known as Chiefy, shares this sentiment. He believes that Bitcoin is currently stuck in the longest bull trap of its current cycle. According to him, the real purge could begin as early as this week, with a potential plunge toward $51,000 in the coming weeks.
Freefall Toward $40,000: The Doomsday Scenario of This Mysterious Analyst
If Kabuki’s predictions materialize, cryptocurrency holders must prepare for major turbulence. The analyst anticipates a structured drop in several key stages:
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