Another Analyst-💣 Bitcoin: Is the “Titanic” Sinking Again? 💸

An analyst by the nickname MFHoz predicted a crash of Bitcoin to $18,000 by 2026. 😱

📉 What happened?

Bitcoin recently tried to break above $100,000, but it didn’t work. This mark turned out to be a super complicated “hill,” and our crypto-skiers went down. 🛷 On the MFHoz chart, a prolonged bearish trend is visible, which began back in December after the historical maximum of $108,364.

🤔 Why $18,000?

The expert says that such a “low” rate is based on magical geometry – a triangle on the chart. 📐 The width of this triangle, according to the analyst, indicates the future “bottom.”

😟 What now?

So far, the rate is below the 50-day moving average, and the RSI index (which shows how panicked the market is) has fallen to 43. ⚠️ This all hints that Bitcoin could first drop to $90,000, and by 2025 even to $80,000.

📌In short, there is reason for concern 😔

#BTC