A crypto analyst has announced that Bitcoin (BTC) has reached its final bull trap, indicating that the price of the flagship cryptocurrency could fall much further before a potential reversal begins. The analyst shared a chart highlighting key accumulation areas at sub-$60,000 levels. the lowest price that BTC has reached since its all-time high in 2025.
Bitcoin reaches final bull trap
Next Bitcoin’s recovery over the weekendd, a pseudonymous whale and crypto analyst known as NoName shared an update on Bitcoin’s latest price action and what the next steps could be. In a post on bull trap since reaching a price peak in 2025.
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He shared a video chart showing how the Bitcoin price has evolved throughout the period ongoing bear market. After a prolonged rally that finally pushed Bitcoin an all-time high above $126,700the market shifted direction and entered a sustained downtrend, characterized by multiple corrective waves.
Later during the first quarter of 2026, Bitcoin experienced its first major bull trap. At the time, the price rose sharply, attracting late buyers and briefly reviving bullish sentiment before quickly reversing and resuming its decline. This move ultimately caught over-indebted traders off guard, leading to significant losses for those who came to the top.
After this initial trap, the price continued to fall and price levels declined before the final bull trap formed this month. Here, BTC rose above $72,000 shortly after the announcement of the ceasefire between the US and Iran. The rally continued for several days, somewhat supporting optimism, before the momentum faded and the price returned to the $70,000 level at the time of writing.
With this latest bull trap in place, NoName has stated that Bitcoin’s path has become clearer. The analyst now anticipates a final downward flushThis suggests that more volatility and pain could be in store for BTC. He predicts a potential price crash to $50,000, which represents a decline of more than 28% from the current price and a decline of around 60% from BTC’s peak.
Notably, NoName has highlighted the $50,000 level as a potential accumulation area, and investors and traders could re-enter the market to strengthen their positions.
What’s Next for the BTC Price?
Based on NoName’s analysis, the $50,000 level is likely Bitcoin’s final price bottom before a bullish reversal. Once the cryptocurrency reaches this accumulation point, the analyst expects an upward move to the next reaccumulation area between $75,000 and $85,000.
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After consolidating around this range for a while, NoName predicts that Bitcoin could rise sharply towards its mark-up target between $95,000 and $110,000, before rocketing to a new all-time high above $130,000.
Featured image from Pixabay, chart from Tradingview.com