bad news....🚨🚨
$BTC ’rallies are for selling‘: Top 3 arguments from BTC market bears💯💯
Many analysts say BTC’s rebound is a bull trap, warning its price could fall to as low as $40,000 over the coming months.🚨
🚨🚨Bitcoin ’rallies are for selling‘: Top 3 arguments from BTC market bears
Market Analysis🌇
$88,114
climbed 14.50% from its recent lows at $80,600, inching back toward $93,000 as traders are at odds between a “comeback” by the bulls or the start of a bear market.
Key takeaways:♨️🔥
🀄🀄Analysts say Bitcoin’s rebound is a bull trap, with risks extending to as low as $40,000.💯
💯Google Trends suggests a rally toward $97,000 before the correction continues.🚨🚨
$BTC /USD daily chart. Source: TradingView
Among those leaning bearish is CryptoBirb, who remained unconvinced, arguing that the current and upcoming Bitcoin price “rallies are for selling,” not signals of a renewed push toward widely cited year-end targets of $150,000 and beyond.♨️🔥
