Analyst Says Avoid Bitcoin At All Costs; Here’s What To Do Instead As 50% Crash Looms

Crypto analyst Xanrox has advised market participants against buying Bitcoin, warning that a crash is looming for the leading crypto. Instead, the analyst advised buying altcoins, which are likely to offer greater gains.  Analyst Advises Against Buying Bitcoin With Crash Looming In a TradingView analysis, Xanrox advised against buying Bitcoin, citing the crypto’s bearish price action. Commenting on BTC’s daily chart, he noted that the LOG scale shows a bearish flag pattern, indicating bearish price action. He added that it will be a technical error to buy or go long at the resistance of the channel.  Related Reading: 9 Red Candles Before The Bottom: Why Bitcoin Price Will Continue To Crash Xanax further revealed that Bitcoin’s price is currently within the channel, i...