• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
The Latest Bitcoin News | Cryptocurrency News and Analysis
  • Home
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
The Latest Bitcoin News | Cryptocurrency News and Analysis
No Result
View All Result
Home Bitcoin

Analyst Claims Bitcoin Will Crash to $45K in 12 Days, Calls $73K Move a Bull Trap

admin by admin
March 6, 2026
in Bitcoin, Guide, Regulation, Ripple
0
Popular On-Chain Analyst Explains Why Bitcoin Could Either Hit $59k or Crash to $20k in the Short Term
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Popular On-Chain Analyst Explains Why Bitcoin Could Either Hit $59k or Crash to $20k in the Short Term

Advertisement

&nbsp 
 
&nbsp

Related articles

Bitcoin Could Smash $200,000 If New Fed Chair Adopts Highly Dovish Stance, Says Mike Novogratz

Strategys $15 Billion Bitcoin Financing Push Was Powered by ChatGPT, Asserts Michael Saylor

August 11, 2026
Saylor-Led Strategy Kicks Off New Year With $116 Million Bitcoin Purchase, Pushing Total Treasury Holdings Above 673,000

Michael Saylor Says Bitcoin Doesnt Need CLARITY Act as Crypto Bill Postponed; Is America Risking Its Digital Asset Hub Position to Asia?

August 9, 2026

Bitcoin is currently mirroring a similar bull trap situation from 2022, and it could tank the digital asset to $45k in under two weeks, one analyst argues. The largest cryptocurrency by market capitalization is currently trading at $71k after a surprise price increase yesterday that brought it above the $70k resistance. However, Lofty, the analyst in question, believes that this is a classic bull trap setup that has occurred many times before.

Lofty tweeted:

Image Source: X

The analysis shows that the cryptocurrency experienced a major bull trap back in 2022 when it rose sharply to $30K, but the move was immediately followed by a drop to $18K. The recent 2026 move may experience a bull trap at $73K, and based on the analyst’s prediction, a price crash to $45k is imminent.

Is a Crash to $45k Imminent?

Bitcoin’s recent price maneuver to $73k has baffled analysts as to why the digital currency is performing so well in the face of damning odds like the ongoing war-like situation in the Middle East. The stock markets are down while Gold is at historic highs and climbing.

For the past 4-5 months, this has been a recipe for disaster for the premier digital currency, which has often performed even worse than conventional markets, falling earlier and deeper into the abyss. However, BTC’s resilience has been on display for much of a chaotic last week.

AdvertisementFollow ZyCrypto On Google News 
 
&nbsp

For analysts like Lofty, it is easy to paint a bleak picture after earlier woes and present a bull trap explanation for the recent price appreciation. The analyst’s recent predictions have been all over the place, ranging from extremely bullish ($215K) to bearish ($34K) targets. He has made a habit of wild 12-day price predictions and has drawn mockery in replies for these unfulfilled past calls.

One user replied to Lofty’s take:

Image Source: X

While a bull trap is likely at this price level, a violent price dip to $45k remains highly unlikely. In a trap scenario, even a move back to $65k will fulfill the criteria and dampen the bulls’ hopes of a swift comeback. The next major resistance is around the $80k price level, but the bulls will have their work cut out for them if they wish to overcome it.




Ads by Cointraffic

Tags: bitcoin price predictioncrypto market analysis
Share76Tweet47

Related Posts

Bitcoin Could Smash $200,000 If New Fed Chair Adopts Highly Dovish Stance, Says Mike Novogratz

Strategys $15 Billion Bitcoin Financing Push Was Powered by ChatGPT, Asserts Michael Saylor

by admin
August 11, 2026
0

&nbsp 
 
&nbsp Add ZyCrypto News On GoogleMichael Saylor has claimed that ChatGPT played a pivotal role in helping Strategy develop a...

Saylor-Led Strategy Kicks Off New Year With $116 Million Bitcoin Purchase, Pushing Total Treasury Holdings Above 673,000

Michael Saylor Says Bitcoin Doesnt Need CLARITY Act as Crypto Bill Postponed; Is America Risking Its Digital Asset Hub Position to Asia?

by admin
August 9, 2026
0

&nbsp 
 
&nbsp Add ZyCrypto News On GoogleThe growing delay in the passage of the CLARITY Act has heightened anxieties among prominent...

Prominent Analyst Says Bitcoin Has Entered Pre-Halving Danger Zone, Warns Deeper Correction Is Coming

Is Bitcoin in Danger? — Market Erases July Relief Rally as 20,000 BTC Flooded to Exchanges in 7 Days

by admin
August 6, 2026
0

&nbsp 
 
&nbsp Add ZyCrypto News On GoogleCrypto analyst Ali Martinez today warned Bitcoin traders about an imminent price plunge driven by...

German Gov’t Accelerates Sell-Offs With $900M BTC Unloaded In Just 8 Hours — Deeper Price Pullback Ahead?

Ive Never Sold a Satoshi, but Strategy is a Public Company, Says Saylor as Strategy Sells $200M BTC

by admin
August 6, 2026
0

&nbsp 
 
&nbsp Add ZyCrypto News On GoogleMichael Saylor, the CEO of Strategy, has hit back against recent criticisms regarding his company’s...

Elon Musk’s SpaceX Bitcoin Stash Hits $1 Billion As BTC Climbs To Fresh All-Time High Above $124,000

Strategy Says Its Bitcoin Stash Could Keep Dividends Flowing For 31 Years

by admin
July 28, 2026
0

&nbsp 
 
&nbsp Add ZyCrypto News On GoogleStrategy is back in the spotlight after revealing its Bitcoin treasury could support shareholder dividends...

Load More
  • Trending
  • Comments
  • Latest

CZ Explains Why Saylors Strategy 10,624 BTC Purchase Did Not Move The Market

December 10, 2025
SpaceX Just Transferred Another $95 Million In Bitcoin Amid Plans To Launch World’s Biggest IPO In 2026

SpaceX Just Transferred Another $95 Million In Bitcoin Amid Plans To Launch Worlds Biggest IPO In 2026

December 11, 2025
1 BTC to $1 Million: Cathie Wood Doubles Down On Decade-long Bitcoin Price Prediction

Ark Invests Cathie Wood Explains Why Bitcoin Will Ignore Its Traditional Four-Year Cycle This Time

December 11, 2025
Miami Mayor Considers Investing In Bitcoin With Part Of City's Treasury Reserves

Vivek Ramaswamys Strive Raises $500 Million To Fuel Bitcoin Treasury Purchases

December 10, 2025

US Commodities Regulator Beefs Up Bitcoin Futures Review

0

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
Bitcoin Could Smash $200,000 If New Fed Chair Adopts Highly Dovish Stance, Says Mike Novogratz

Strategys $15 Billion Bitcoin Financing Push Was Powered by ChatGPT, Asserts Michael Saylor

August 11, 2026
Saylor-Led Strategy Kicks Off New Year With $116 Million Bitcoin Purchase, Pushing Total Treasury Holdings Above 673,000

Michael Saylor Says Bitcoin Doesnt Need CLARITY Act as Crypto Bill Postponed; Is America Risking Its Digital Asset Hub Position to Asia?

August 9, 2026
Prominent Analyst Says Bitcoin Has Entered Pre-Halving Danger Zone, Warns Deeper Correction Is Coming

Is Bitcoin in Danger? — Market Erases July Relief Rally as 20,000 BTC Flooded to Exchanges in 7 Days

August 6, 2026
German Gov’t Accelerates Sell-Offs With $900M BTC Unloaded In Just 8 Hours — Deeper Price Pullback Ahead?

Ive Never Sold a Satoshi, but Strategy is a Public Company, Says Saylor as Strategy Sells $200M BTC

August 6, 2026

Recent News

Bitcoin Could Smash $200,000 If New Fed Chair Adopts Highly Dovish Stance, Says Mike Novogratz

Strategys $15 Billion Bitcoin Financing Push Was Powered by ChatGPT, Asserts Michael Saylor

August 11, 2026
Saylor-Led Strategy Kicks Off New Year With $116 Million Bitcoin Purchase, Pushing Total Treasury Holdings Above 673,000

Michael Saylor Says Bitcoin Doesnt Need CLARITY Act as Crypto Bill Postponed; Is America Risking Its Digital Asset Hub Position to Asia?

August 9, 2026

Categories

  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • Market
  • Regulation
  • Ripple
  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2025 | Website Made By today360.com.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2025 | Website Made By today360.com.