Bitcoin crash incoming? Trader who called the top predicts $40K BTC
Is a Bitcoin crash imminent? A top trader who predicted the last peak forecasts a significant drop to $40,000. Get the analysis now!
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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Charles Ledoux
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
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