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Analyst Predicts Bitcoin Price Breakdown — Here’s The Best Time To Buy

  • Crypto analyst Xanrox predicts an impending Bitcoin price crash and suggests the best time to buy the digital asset.
  • Xanrox highlights a potential bearish development in the market, referencing a false breakout known as a 'bull trap.'
  • The analyst advises investors to wait for a correction before entering a long position, identifying the 0.618 Fibonacci retracement level around $102,909 as the best entry point.
  • Despite the expected retracement, Xanrox believes the overall trend for Bitcoin remains bullish with Wave 3 expected to be even more bullish, potentially leading to new all-time highs.

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