Bitcoin Price Forecast Predicts Potential Drop Before Rally

A recent forecast from a crypto analyst suggests that Bitcoin's price may follow a specific pattern to reach $240,000.

According to the expert, the current bearish sentiment could end up pushing the price higher, as investors are ready to buy lower. This is not typical of how a bottom would play out in the market.

The analyst believes that there will be an initial run-up to around $90,000 before crashing, followed by a massive crash and then an explosive rally.