Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000
Crypto analyst Chiefy warns that Bitcoin's recovery to $80,000 represents a bull trap mirroring 2022's bear market structure, predicting a cascade of declines culminating in a 50% crash to $42,000. The warning is supported by negative on-chain spot buying metrics, perpetual futures dominance, and consistent Bitcoin ETF outflows totaling $423.15 million in two days.


