In a new warning that raises concern among investors, analyst Melika Trader pointed to the possibility of a sharp collapse in the price of Bitcoin that could reach 60%, dropping the price to around $49,000. The warning was based on a noticeable decline in trading volume, which is a worrying sign of weak buying momentum and the market's readiness for a violent corrective move.
⚠️ A decrease in trading volume is often considered a negative indicator, as it shows investors' hesitation and a lack of confidence in the current trend. In the absence of strong catalysts, this decline may lead to widespread panic selling that accelerates the drop.
Although the outlook seems bleak in the short term, it may represent a golden opportunity to buy at attractive prices for investors who follow long-term strategies. Such corrections have always been part of the natural market cycles before a new bullish rally.
⏳ Caution is required, but intelligence lies in seizing the moment. Carefully monitor technical indicators and be ready to make the right decision at the right time.
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