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Crypto Analyst: 33% Chance Bitcoin Already Topped—Brace For $52,000

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Crypto Analyst: 33% Chance Bitcoin Already Topped—Brace For $52,000 - NewsBTC

Quick Summary:

"If by some chance that Bitcoin over the next month to three months makes its way down to say the $54,000 level, I would be thinking at that point a 50% retracement is enough… where I would want to redeploy some risk.” Related Reading: Bitcoin Plunges To $74,000 As Trump Announces New Tariffs He added that any significant rally followed by a lower low would, in his view, confirm a four-year cycle top.

Veteran crypto analyst Bob Loukas has reduced his Bitcoin exposure, warning followers that while the bull cycle remains intact, the probability that Bitcoin has already peaked for this four-year cycle has materially increased.

It doesn’t happen often.” Related Reading: Next Bitcoin Peak Delayed To Late 2026, Business Cycle Expert Warns Loukas pointed to a series of trendline violations and critical support breaks on the weekly and monthly charts.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 15:00:05 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 760 words

Reading Time: 5 minutes read

Sentences: 67 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27757965

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 4 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://chronographically.beamstart.com/news/crypto-analyst-33-chance-bitcoin-17442111111126

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