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Crypto Analyst Warns Of Volume Drop That Could Trigger 60% Bitcoin Price Crash To $49,000

  • Cryptocurrency analyst Melika Trader has warned of a potential 60% price crash for Bitcoin, with a drop to $49,000.
  • Trader suggests that BTC is currently above a critical support zone, and a drop below $75,000 may lead to a 60% decline.
  • However, only 20% of traders might be affected, as the majority of buying activity occurred below $35,000, according to Trader.
  • CryptoQuant's CEO, Ki Young Ju, claims that BTC's bull market may be over, citing the 'Realized Cap' metric and stagnant Market Cap.

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