The analyst explained that strong market bottoms do not emerge suddenly. Instead, they form after an extended downtrend with multiple processes involved. He stated that large-scale investors cannot simply “buy the bottom” like most retail traders because their investments are substantial enough to move the market and influence prices.
BTC Faces Possible Crash Below $60,000
His chart shows that once Bitcoin breaks further below $75,000, the cryptocurrency could be heading toward its next crash level around $59,000. If this support fails, the analyst predicts an even deeper correction below $56,000, possibly marking its final bottom.
