
{"id":116477,"date":"2025-11-28T13:00:08","date_gmt":"2025-11-28T13:00:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=116477"},"modified":"2025-11-28T13:00:08","modified_gmt":"2025-11-28T13:00:08","slug":"the-bitcoin-price-crash-to-41000-theres-a-shark-in-the-water","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=116477","title":{"rendered":"The Bitcoin Price Crash To $41,000: There\u2019s A Shark In The Water"},"content":{"rendered":"<p>A crypto analyst has shared a technical analysis for the Bitcoin price, predicting a <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-40000-signal-past-60-crashes-is-back\/amp\/\">foreboding crash to $41,000<\/a>. According to the analysis, Bitcoin has formed an unexpected harmonic \u201cShark\u201d pattern that could extend its <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-faces-more-downside-after-recent-crash-data-shows\/amp\/\">downtrend<\/a>. While a drop to this low level could amplify the fear and uncertainty already plaguing the market, the analyst highlights that the appearance of this pattern is usually bullish.\u00a0<\/p>\n<h2>Shark Pattern Signals Bitcoin Price Crash To $41,000<\/h2>\n<p>Crypto analyst Tony Severino<a href=\"https:\/\/x.com\/TonyTheBullCMT\/status\/1993664705999835402\"> disclosed<\/a> on X this Wednesday that Bitcoin is forming a rare bullish harmonic pattern on the weekly timeframe. Severino warns that rather than worrying about <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/selling-storm-bitcoin-whales-could-drive-prices-down-further-experts-warn\/amp\/\">BTC whale activity<\/a>, traders should not overlook this distinct pattern, describing it as a \u201cShark in the water.\u201d\u00a0<\/p>\n<p>In his accompanying chart, the analyst traced the Shark pattern, showing an <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-to-120000-could-be-next\/amp\/\">ABCD harmonic structure<\/a>. He set his primary target at \u201cD,\u201d which aligns with the $41,000 level. Based on the pattern\u2019s projected trajectory, the analyst believes Bitcoin is likely to <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-crash-to-40000\/amp\/\">face more downside<\/a>. He predicts that the cryptocurrency could still crash to around $41,000, eliminating more than 55% of its current price of over $91,000.\u00a0\u00a0<\/p>\n<p>Notably, Severino highlighted that harmonic patterns, such as the one observed in the BTC chart, often rely on specific Fibonacci ratios. As a result, the figures observed in the current setup are hard to ignore. While his initial <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-risk-deeper-bear-compresses-glassnode\/amp\/\">projections are significantly bearish<\/a>, the analyst highlights that a harmonic Shark pattern is traditionally considered a bullish reversal signal once the final leg completes.\u00a0<\/p>\n<h2>Bitcoin\u2019s Next Move Stuck Between Bearish And Bullish<\/h2>\n<p>Another crypto analyst, Ted Pillows, has<a href=\"https:\/\/x.com\/tedpillows\/status\/1993964319592403430?s=46\"> shared<\/a> a technical analysis of the Bitcoin price outlook. However, his report outlines a <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-at-a-thrilling\/amp\/\">bearish and bullish outcome<\/a> depending on how BTC\u2019s price moves in the coming days.\u00a0<\/p>\n<p>Pillows\u2019 forecast centers on the levels Bitcoin must reclaim to avoid a deeper price correction. Right now, the cryptocurrency is trading above $91,500 after falling by approximately 20% over the past month. Bitcoin has also faced significant negative sentiment despite <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-price-climbs-back-to-91000-is-the-decline-over-key-levels-to-watch\/amp\/\">its recent price recovery<\/a>.\u00a0<\/p>\n<p>In his post, Pillows noted that after breaking back above $89,000, Bitcoin is now moving higher, approaching a heavy resistance range between $93,000 and $94,000. The analyst has identified this region as a critical decision point that will determine the cryptocurrency\u2019s next direction.\u00a0<\/p>\n<p>His chart analysis outlines two potential outcomes. If Bitcoin reclaims and stays above the resistance zone, it could open the door for momentum to <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-faces-less-than-50-chance-of-hitting-100000-by-december-31-says-ai-model\/amp\/\">push its price above $100,000<\/a>. Surpassing this threshold could also see the cryptocurrency climb toward $106,000 and $108,000.<\/p>\n<p>On the other hand, if BTC rejects the $93,000-$94,000 range, Pillows expects a retreat toward $88,000. Should this level fail as well, he has set a lower support zone between $80,000 and $82,000. Further decline below this range could drag Bitcoin\u2019s price down toward $78,600.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>A crypto analyst has shared a technical analysis for the Bitcoin price, predicting a foreboding crash to $41,000. According to the analysis, Bitcoin has formed an unexpected harmonic \u201cShark\u201d pattern that could extend its downtrend. While a drop to this low level could amplify the fear and uncertainty already plaguing the market, the analyst highlights [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":116478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116477"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116477"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116477\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/116478"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}