Bitcoin in Consolidation: Trader Warns of Potential Final Leg Down
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Bitcoin may not have reached its cycle low yet, despite its recent sharp pullback, according to a new analysis from cryptocurrency trader Camel Finance. In a YouTube video titled “Bitcoin: How to Find the Bottom,” the trader argues that Bitcoin is currently consolidating after a steep decline, a phase that has historically preceded one final drop before a durable bottom forms. The warning comes as broader financial markets remain in risk-off mode. Bitcoin has already fallen to around $60,000, doing so earlier and more aggressively than in previous cycles, a move that Camel Finance says fits a familiar late-stage
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2d ago•
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