⚠️ Analyst sees possible strong drop in Bitcoin and reveals target prices for purchase 🧊
Despite the $BTC being slightly up today (US$ 112,700), analyst Brent Donnelly from Spectra Markets has positioned himself for a possible "market panic" with buy orders prepared:
🎯 US$ 94,000
🎯 US$ 82,000
💬 “Bitcoin is being treated as a risk asset, not as a store of value. There is no clear bullish narrative in the short term,” he stated.
📉 He also points out:
Institutional interest declining
Post-halving effects weakening
Double top formation, a sign of possible reversal
🔍 For Donnelly, BTC is at a turning point:
➡️ If it breaks above US$ 112k–113k, it could negate the downtrend
⬇️ But if it falls, it opens up space for deeper drops
📈 The current relief in price came after the US Payroll disappointed expectations — which raised bets for a rate cut by the Fed in the next meeting.
🧠 Quick Summary:
Analyst is in caution mode
Technical double top confirmed
Next supports: US$ 94k and US$ 82k
BTC needs to show real strength to resume the uptrend
