WARNING - ANALYST SAYS BITCOIN COULD CRASH 50% TO $60,000 $BTC
THE TRUTH: Crypto analyst Xanrox has issued a strong warning against buying Bitcoin, predicting a potential crash toward $60,000 (nearly 50% from current resistance levels) .
His reasoning:
· Bitcoin's LOG scale shows a bearish flag pattern · There is a "huge selling wall" above current prices · Bitcoin's dominance is falling - a sign of potential altcoin season · He believes the recent rally to $81,000 was simply a "bull trap"
Instead, Xanrox recommends buying altcoins including ADA, TRX, LINK, DOGE, BNB, XLM, XRP, and ETH, which he says institutions "control the price of" .
He also notes that TON, SUI, and ONDO have recorded significant gains over the past month - TON up nearly 50% .