A recent warning has been issued by a crypto analyst regarding the potential price drop of Bitcoin. According to the analyst, the flagship cryptocurrency could be heading towards a significant correction, potentially reaching the $40,000 range.
The expert believes that the bear market is far from over and suggests that investors should consider selling their coins to avoid losses. This warning comes after a recent rally above $79,000, which the analyst described as a bull trap that briefly attracted buyers before the price reversed back to previous lows.