Amidst cryptocurrency market uncertainty, a prominent figure has made a bold prediction. Renowned trader suggests Bitcoin (BTC) may plummet to $88,000 in the coming months, causing ripples in the crypto community.
Currently stuck around $115,000, the Bitcoin price seems to lack the strength to continue its upward movement. According to Ansem, a trader known for his rigorous technical analysis, a drop to $88,000 is not only possible but imminent.
His technical analysis identifies several critical levels to monitor :
This last level represents a past consolidation zone and a quarterly opening threshold observed in early 2025. If reached, it would result in a correction of approximately 25% from the current price.
Despite the euphoria surrounding Bitcoin ETF launches and massive institutional capital inflows, the current technical market structure seems to favor a correction.
Indeed, the resurgence of historical resistance levels and the absence of bullish momentum support the hypothesis of a prolonged pause, or even a correction toward $88,000.
However, the VP order blocks on the 6H timeframe indicate massive accumulation between $113,000 and $112,000. A drop below this level would require extreme bearish pressure and unsettling macroeconomic factors.
Faced with such a radical bearish scenario, both long-term investors and newcomers should proactively reconsider their strategies :
It’s worth remembering that in halving cycle contexts, significant corrections are not uncommon. For the savvy investor, these can represent optimal accumulation windows.
However, this scenario still seems unlikely at present. We’ll need to wait for the outcome of the Fed announcement this Wednesday.
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.
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