Just saw this technical breakdown from Crypto Bullet and it's pretty bearish for BTC. He's mapping out a Double ZigZag wave pattern that suggests we might not be done with this crypto crash cycle yet. The analysis shows Bitcoin peaking above $126k back in October 2025, then dropping to $60k in February. Now here's where it gets interesting - he thinks BTC could rally one more time toward $80k to $85k before the real damage happens.

The reason he's this bearish is the consolidation pattern over the last few months. BTC spent way more time bouncing between $62k and $78k compared to the brief run from $84k to $97k earlier. That extended sideways action, according to Bullet, signals a bigger bearish structure still unfolding. So the recent push above $78k isn't a sign the bear market ended - it could just be part of a larger corrective move before the next crash.

Here's the wild part: Crypto Bullet is calling for a potential bottom around $40k, which would be a massive 50% drop from $80k. He expects this crypto crash scenario to play out between September and October 2026, giving the market about five more months before finding a true bottom. Tony Severino seems to agree this is the most likely path forward. If this plays out, a lot of traders who bought the $80k bounce thinking it was the start of a bull run would get caught off guard pretty hard.