Pre-halving Bitcoin fractal sees price at $40,000

Bitcoin price risks continuing its bull market correction toward $40,000, according to market analyst Rekt Capital.

Rekt Capital’s pessimistic forecast centers on Bitcoin’s pre-halving price trends. The analyst highlighted the current price correction and compared it to the patterns observed before the last two halvings. From a fractal analysis perspective, Bitcoin is now in a “Danger Zone,” eyeing an extended correction toward its ascending trendline support near $40,000.