A well-regarded crypto analyst believes that Bitcoin (BTC) could experience a final, explosive rally before the current market cycle concludes.
The analyst, known only as Jack, explained that he doesn’t foresee a reduction in interest rates from the Federal Reserve during this week’s meeting, even though oil prices have dropped below $60. According to him, this price drop signals poor economic conditions.
As of now, oil is priced at $59.77, representing a significant decline of over 22% from its $77.46 value at the start of 2025. A sharp fall in oil prices is often seen as an indicator of reduced demand and a weakening global economy.
Jack suggests that this economic downturn could actually be a favorable setup for Bitcoin’s performance. He likens it to gold’s behavior in early 2020 when it briefly dipped before beginning a massive upward rally.
In Jack’s view, Bitcoin could experience a similar pattern: a short dip followed by a sharp rise.
Gold, for instance, fell nearly 15% in March 2020, only to rebound with a 43% gain in just five months.
For Bitcoin to avoid further correction, Jack points out that it must maintain a price above $93,000. If it falls below this threshold, he predicts a potential downward movement could follow.
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