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Cryptocurrency News Articles
BTC Rally to $90K? This Crypto Trader Still Sees Drop Ahead
Apr 19, 2025 at 05:00 pm
Bitcoin may have bounced from its recent 2025 lows, but one of the crypto market's most respected voices is warning that the rally might not last.
Bitcoin (BTC) might revisit the $70,000 levels again, according to a popular crypto trader who is still bearish on the market despite Bitcoin’s recent rebound.
BTC Might Revisit $70Ks, But $90K Is Possible
As Bitcoin recovered from a recent low of around $74,000, one of the crypto market’s most respected voices is cautioning that the rally might not last.
According to widely followed trader and analyst Flow Horse, BTC is likely to revisit the $70,000 range — even as it eyes a potential short-term surge toward the mid-$90,000.
Thoughts real quick, specifically Bitcoin.
Think BTC definitely visit 70s again.
Think a good trade that I would almost certainly sell is if price can remain bid at 88. That probably takes us to mid 90s. There is a running diagonal, and a couple moving averages that everyone is… pic.twitter.com/G9v86j8b2p
— HORSE 🏴☠️ (@TheFlowHorse) April 17, 2025
Still Bearish: Why BTC Might Revisit the $70Ks
Despite Bitcoin’s rebound from a recent low around $74,000, Flow Horse is not convinced that the correction is over.
“Think BTC definitely visit $70,000s again,” he wrote, noting that while the bounce has strength, it’s likely not sustainable over the long term.
This aligns with his prior analysis, where he anticipated Bitcoin to test the $60,000 support level. A breach of this zone could open the door for steeper declines, potentially pushing BTC toward the $30,000s in the extreme case.
However, in the short term, Flow Horse sees potential for a move toward the $90,000s if Bitcoin manages to sustain bids above $88,000.
Short-Term Bounce? $90K+ in Sight
“Think a good trade that I would almost certainly sell is if price can remain bid at 88. That probably takes us to mid-90s.”
In other words, if BTC shows strength and remains bid above the $88K range, it could trigger momentum plays that push the price up toward $94K–$95K before encountering the next resistance.
This offers a potential window for swing traders to capitalize — but also serves as a cautionary zone where sharp reversals could unfold.
This aligns with his prior analysis, where he anticipated Bitcoin to test the $60,000 support level. A breach of this zone could open the door for steeper declines, potentially pushing BTC toward the $30,000s in the extreme case.
However, in the short term, Flow Horse sees potential for a move toward the $90,000s if Bitcoin manages to sustain bids above $88,000.
“If by some measure he is able to boot Powell … markets nuke.”
While firing Powell may be legally and politically improbable, Flow Horse hints that even the perception or attempt could create a shock to risk assets, including crypto, especially in an already fragile macroeconomic climate.
The Big Picture
Bitcoin has come a long way in 2025, but according to Flow Horse, it’s not in the clear just yet. While a push toward $90K+ remains on the table in the near term, traders should be prepared for a possible return to sub-$80K territory — especially if broader risk sentiment sours.
With technical patterns, momentum levels, and macro-politics all converging, the next few weeks could be volatile.
“Momentum opportunities exist on the other side,” Flow Horse notes — signaling that savvy traders should stay nimble, ready to play both directions of the market.
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