**Bear Attack: A Gloomy Short-Term Bitcoin Price Prediction**

Hello, crypto enthusiasts! šŸ»

- The Bitcoin market has been in a correction for the past six months, down around 23%. Not too deep, but still nerve-wracking.

- Trader 'Crypto Louca' at X predicts Bitcoin price will continue to fall this year, entering the $36,000-$46,000 zone.

- IncomeSharks analysts say that if September is not a local bottom, it might be time to move on from this structure. They predict a drop below $50,000 before momentum picks up in October.

- Julio Moreno of CryptoQuant adds that Bitcoin price is falling due to lack of demand growth. All valuation metrics are in bearish territory.

- Peter Brandt identifies the chart pattern as an "inverted expanding triangle" that could take the price down to around $46,000. However, this could also be a bullish reversal pattern if BTC can break through the upper resistance line.

- Analyst 'Rekt Capital' observes that Bitcoin has created a new resistance level and needs to rebound soon to avoid confirming a breakdown before the close of the new weekly candle.

What do you think? Is it time to buy or wait? Comment below!