Bitcoin (BTC) could be at the edge of key market movements, as Crypto analysts warn of its failure It reaches the highest ever It could cause sharp fixes in the coming weeks. Long-term bullish sentiment remains strong, but BTC maintains upward momentum, Damage set It could derail that current rally or even halt.
Bitcoin faces the threat of a 50% crash
It is owned by Tony Severino, a well-known cryptography analyst issued XStrict warnings for Bitcoin investors on social media. He warns that failing to beat the new history’s greatest can quickly set fire to it Large price crash– Potentially wipes out more than 50% of the current BTC value.
With his share Elliott Wave Chart AnalysisSeverino highlights the current position of Bitcoin within what appears to be an extended flat correction for the intermediate wave 4. According to the structure, Bitcoin may be approaching the edge of Wave B, usually preceding a sudden drop in Wave C.
Severino’s analysis draws similarities between the current price behavior of BTC and the extended flat correction for 2021-2022, which defines primary wave 4. At that time, Bitcoin peaked at wave B with wave b and cascaded it into wave c, Brutal Bear Market.
A similar pattern appears to occur in the current chart structure of BTC. The chart highlights that the recent surge in cryptocurrency prices may have formed a deceptive wave B-peak. The decline to this level is expressed 50% drawdown It’s nearly $118,000 from the current level.
In particular, Severino’s warnings stem from not from bearish beliefs, but rather from cautious optimism. While he maintains something strong Bullish long-term outlook And there’s still in Bitcoin Final Wave 5 rally firstanalysts emphasize the need for BTC to immediately plunge into a new ATH in order for BTC to disable the expanded flat scenario.
If the market fails to provide this reverse move, the correction structure could dominate and significantly slow the next upward impulse leg. Potential crashes can also be significantly confused Long-standing Altcoin seasonhalting momentum across the broader crypto market.
Analysts set up the next ATH target for Bitcoin
Bitcoin has ignited a new optimism over the past week after its latest Prices exceed $123,000. Despite pulling back the current price by more than $118,000, market experts identified as X’s “crypto professor” were I’ll predict That the flagship cryptocurrency is preparing for fresh, highest heights.
The Cryptography Professor has set it up Bitcoin’s next ATH target At $129,948, it matches the 1.618 Fibonacci expansion level. As BTC is currently trading at $118,612, this represents a solid price increase of 9.6%. In particular, the analyst chart shows the previous consolidated zones around the $110,000 and $100,000 regions, matching Fibonacci retracement levels of 1 and 0.786. These levels act as potential support zones in the event of retest.
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