Bitcoin Warnings Issued by Crypto Expert: BTC Forecasted to Decrease Further - Here's His Predicted Price Levels
Unfiltered Insights on Crypto Market
Hey there crypto enthusiasts! Dive into the latest news, trends, and predictions in the world of Bitcoin, Ethereum, Altcoins, and more. Today, let's take a look at the analysis provided by a well-known trader in the crypto sphere, infamously known as the Flow Horse.
The Flow Horse recently shared his thoughts on Bitcoin's (BTC) current status and future price movement. Despite BTC recovering from a 2025 low of around $74,000, the trader signals that we're not out of the woods just yet.
According to Flow Horse, there's a strong possibility that Bitcoin could revisit price levels below $80,000. Yet, this potential downturn might be preceded by a short-term surge that could propel BTC above $90,000. The trader mentions a few factors causing this temporary uptrend, such as a running diagonal pattern and some popular moving averages that everyone is monitoring.
However, Flow Horse stands firm on maintaining zero exposure to Bitcoin or equities. He is bearish on the long-term prospects of the current rally and advises traders that they should be selling on rallies rather than buying, as they could be merely temporary.
Another interesting point raised by the Flow Horse is the potential impact on markets if former President Trump succeeds in firing Federal Reserve Chair Jerome Powell. The trader considers this an unlikely scenario, but if it were to happen, markets (including Bitcoin) could face a devastating crash.
In short, while a short-term surge causing BTC to exceed $90,000 is possible, the trader believes that a downtrend below $80,000 will ultimately ensue. Traders are strongly advised to be cautious and view current rallies as opportunities to sell rather than buy on hopes of a new bullish trend.
Stay safe out there, and stay informed!
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- The Flow Horse, a well-known crypto trader, believes that Bitcoin could potentially surge beyond $90,000, but a subsequent downturn leading to prices below $80,000 might follow.
- The trader also advises caution in the crypto market, suggesting that traders should view current rallies as opportunities to sell rather than buy in anticipation of a long-term bearish trend.
- In addition to insights on Bitcoin, the latest news and trends in Altcoins, Ethereum, and other cryptocurrencies are also being covered.
- A special feature highlighting Bitcoin's competition with Ethereum and other market developments is available for those seeking to stay current with crypto finance news.
- A disclaimer reminds readers that investing in cryptocurrency carries significant risks and it's essential to thoroughly research before making any high-risk investments.
