#World Cup Predictions: 100,000 USDT Daily #2026 World Cup Posting Challenge on HTX Square #HTXCommunity4thAnniversary tBitcoin price may be headed to $54,000, says analyst who forecast A hawkish Fed. Rising bond yields. Concerns about Strategy (MSTR). Bitcoin $BTC$64,085.65 already has plenty working against it. Now an ominous chart pattern is adding to the uncertainty.
The pattern is called a bear flag, and a breakdown could send the price of the largest cryptocurrency to as low as $54,000 initially, according to pseudonymous trader Doctor Profit, who called $BTC's bull-market peak at $126,000 and the subsequent selloff.
"Bitcoin is now forming a massive bearish flag on the daily timeframe," the trader wrote on X. "My target is a dump to 54-56k region first before we move sideways once again and afterwards another leg down and the bottom is close in the region between 40-50k in my opinion."October's all-time high source-logo coindesk.com
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