Analyst sees Bitcoin falling to $50,000 after final bull trap
Analyst flags final BTC bull trap, eyes $50k flush before reversal
A pseudonymous whale says Bitcoin (BTC) hit its second and final bull trap. He targets a drop to $50,000 before any recovery.
The call came after BTC’s weekend rebound and a brief push above $72,000 on a US–Iran ceasefire headline. Price then slipped back toward $70,000 per NewsBTC and Bitcoinist.
The analyst, NoName, shared a chart on X with accumulation zones below $60,000 and called this setup the “final bull trap” since the 2025 peak on X and NewsBTC. He frames it within the ongoing bear market that followed an all‑time high above $126,700 in 2025 per Bitcoinist and a prior Q1 2026 bull trap on X.
He now anticipates a “final downside flush” to $50,000, about a 28% drop from current levels and roughly 60% off the peak per Bitcoinist and his X post. He marks $50,000 as an accumulation area on X.
Next, NoName maps re‑accumulation at $75,000–$85,000, a mark‑up leg to $95,000–$110,000, and a new ATH above $130,000 if the bounce materializes on X.
