Cryptocurrency Analyst Issues Bitcoin Alert Claims BTC is Preparing for a Nuclear Attack After Local Peak Here are His Targets

CoinWorld reported:
A prominent cryptocurrency analyst has warned that the price of gold could fall after Bitcoin (BTC) reached a level of $69,000 on Sunday.
Anonymous cryptocurrency trader Credible crypto told his 431,100 followers on social media platform Ten that he is turning bearish on Bitcoin in the short term.
“I think our top may be in for BTC. Here’s what makes the most sense to me in the lower timeframe. A little more trimming before we’re ready to continue the ideal descent…
So far so good, a bounce in this area would be ideal. Some baiting to be done in the final stretch before the rug pull.”


Source: Credible Crypto/X
According to his charts, the analyst suggests that Bitcoin could drop again to a level of $68,000, face rejection, and plummet to $61,000 next week.
The analyst warns that Bitcoin could fall below $49,000.
“Still expecting sub $49k. 58k to 61k is the last stand for bulls if they want to avoid that outcome.”
However, the analyst responds to an X user asking if liquidity is being adjusted upwards for a bigger move in a few weeks (after we sweep the lows).
“Yes. That’s why defending highs is important, that’s why we get so close but fail every time. Those highs are ‘saved’ for the real breakout so that when it happens, it’s menacing and no turning back. A series of short squeezes, spot buyers relentlessly bidding. It will be spectacular when the time is right.”
At the time of writing, Bitcoin is trading at $66,455, down nearly 2% in the past 24 hours.
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Generated image: Midjourney