Analyst Reveals Why Bitcoin Price Must Crash To $42,000 First
Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move lower to $42,000 before a new bull run back to new all-time highs above $126,000 can begin. Bitcoin Is Still Inside A Bull Trap Technical analysis of Bitcoin’s price action is predicting a bearish outlook during a tense moment for the....
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