Bitcoin Price Recovery Falters Amid Analyst Warning

Bitcoin's recent price recovery has come to an abrupt halt, with the cryptocurrency hovering around $67,000 after a brief dip towards $66,000. This development comes as a popular analyst warns of a potential major crash, citing on-chain data that shows losses among participants.

The mid-$60Ks zone is being closely watched as a checkpoint for positioning decisions, and traders are reevaluating their risk levels in response to the analyst's warning. This could lead to a tightening of risk controls and more selective entry points for investors.