Bitcoin Holders Beware! Analyst Predicts Worst is Yet To Come

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The Bitcoin price has been caught in a sideways trading pattern as it has been unable to maintain a position above the psychological level of $17K.

According to Crypto Analyst, @thescalpingpro, the price of Bitcoin fluctuating within a $500 range for months would cause real max pain.

The flagship asset may be stuck around $17,000 for some time, according to the analyst's chart, which would cause a significant loss of wealth for most investors.