Just came across an Elliott Wave analyst's take on Bitcoin and honestly it's pretty bearish. They're saying BTC could drop to $70K or even lower because the bull market might actually be finished. Current price is sitting around $73.90K so we're already pretty close to that level they're warning about. The question everyone's asking now is when will the bear market end, and this expert seems to think we're headed down before any real recovery happens. Their Elliott Wave analysis suggests the current move is just a correction within a larger downtrend. Not saying they're right for sure, but the math checks out if you're looking at the wave patterns. Definitely worth keeping an eye on the $70K level as support - if that breaks, it could get ugly fast.

BTC0.7%
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