{"id":173838,"date":"2026-06-02T16:30:59","date_gmt":"2026-06-02T16:30:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=173838"},"modified":"2026-06-02T16:30:59","modified_gmt":"2026-06-02T16:30:59","slug":"analyst-reveals-why-bitcoin-price-must-crash-to-42000-first","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=173838","title":{"rendered":"Analyst Reveals Why Bitcoin Price Must Crash To $42,000 First"},"content":{"rendered":"

Bitcoin\u2019s latest price action has given bearish analysts<\/a> more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt<\/a> to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move lower to $42,000 before a new bull run back to new all-time highs above $126,000 can begin.<\/p>\n

Bitcoin Is Still Inside A Bull Trap<\/h2>\n

Technical analysis of Bitcoin\u2019s price action is predicting a bearish outlook during a tense moment for the cryptocurrency. Bitcoin has already corrected by<\/a> over 15% since it reached $82,850 in early May, but technical analysis from crypto analyst Crypto Lens suggests that the downtrend might not end until Bitcoin breaks below $50,000.<\/p>\n

Notably, Crypto Lens\u2019 chart presents the current <\/a>Bitcoin setup as a cycle transition. The analyst\u2019s roadmap begins from the idea that Bitcoin has already printed its major top near $126,199 in October 2025 and has since been moving through a series of failed recovery attempts.<\/p>\n

The first major rejection on the chart is labeled as \u201cBull Trap #1,\u201d which appeared after Bitcoin failed to hold the upper distribution zone close to the all-time high area between November 2025 and January 2026. From there, the price collapsed into a lower red range in February 2026.<\/p>\n

Bitcoin then attempted another bounce in May, but Crypto Lens\u2019 chart marks that move as \u201cBull Trap #2.\u201d The analyst\u2019s view is that this second trap is<\/a> now close to completion, with the next expected move being a decline into a lower accumulation zone before the market can begin building toward the next major cycle.<\/p>\n\n

Bitcoin Price Chart. Source: @crypto_lens_ On X<\/a><\/p>\n

The $42,000 Crash Before The $126,000 Bull Run<\/h2>\n

The most interesting part of Crypto Lens\u2019 analysis is that the bearish target does not cancel the bullish endgame. The chart shows Bitcoin falling into a blue accumulation range around $42,000 before gradually entering a re-accumulation phase and then a markup stage. Therefore, the analysis is effectively arguing that Bitcoin must go lower first because the current structure still lacks a proper bottom.<\/a><\/p>\n

The roadmap also gives the move a longer time horizon that extends outside 2026. The accumulation range around $42,000 is expected to stretch through the middle of 2026, and the re-accumulation box extends into early 2027. The markup phase then points to a recovery across 2027, with the final target breaking above the current all-time high line at $126,100.<\/p>\n

At the time of writing, Bitcoin is trading at $69,920, down 3.9% over the past 24 hours after slipping below $70,000 from an intraday high of $72,929. The decline also comes amid news that Strategy sold a small portion of<\/a> its Bitcoin holdings for the first time since December 2022.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move […]<\/p>\n","protected":false},"author":0,"featured_media":173839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-173838","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\/173838"}],"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=173838"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/173839"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=173838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=173838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=173838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}