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A crypto analyst is warning investors to consider selling Bitcoin (BTC) ahead of what he expects to be another major price crash. The analyst argues that Bitcoin is not in a new bull market and that the bear market will likely persist until BTC reaches what he describes as its final cycle bottom, potentially in the $40,000 area.
Orbion, a crypto market analyst, told members of the Bitcoin community to consider exiting their positions immediately. He pointed to Bitcoin’s recent rally above $79,000, calling it a bull trap that briefly attracted buyers before the price reversed back toward prior lows as selling pressure increased.
Orbion said the move to $79,000 marked the final bull trap of the bear market cycle. He argued there is no meaningful demand left at the top, suggesting BTC may continue to struggle to sustain upside momentum from current levels.
If price action follows Orbion’s scenario, Bitcoin could form another lower high below $45,000. That would represent a more than 40% decline from current price levels above $75,000. Orbion characterized a drop into this region as highly likely, describing it as BTC’s final cycle bottom.
Another analyst, KillaXBT, echoed bearish views and claimed Bitcoin has “absolutely zero chance” of surpassing or even reclaiming the $100,000 level this year. He cited that 42% of market participants still expect Bitcoin to close the year with a bullish “green candle.”
Because that level of optimism remains widespread, KillaXBT said market sentiment has not yet reached true capitulation. He expects the next 90 days to be highly volatile, with sharp and difficult-to-predict price swings.
KillaXBT warned that Bitcoin is more likely to crash toward sub-$60,000 levels than stage a recovery back above $100,000 in the near term.
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