Influential crypto traders Trader Mayne and DonAlt maintain a cautious, bearish-to-neutral stance on Bitcoin (CRYPTO: BTC), warning that a sharp V-shaped recovery is unlikely.
‘Slow, Grinding’ Correction Ahead
In their latest podcast, both analysts said they expect a prolonged, choppy correction rather than an immediate rebound.
Broader macro risks, particularly potential weakness in equities, could add further downside pressure.
Trader Mayne says the S&P 500 may be forming a topping structure similar to prior market peaks.
He warned that a 15%–20% stock market correction could trigger another significant crypto sell-off.
Mayne does not expect a confirmed bottom until later in the …