BTC Rally to $90K? This Crypto Trader Still Sees Drop Ahead

According to widely followed trader and analyst Flow Horse, BTC is likely to revisit the $70,000 range — even as it eyes a potential short-term surge toward the mid-$90,000.

Still Bearish: Why BTC Might Revisit the $70Ks

Despite Bitcoin’s rebound from a recent low around $74,000, Flow Horse is not convinced that the correction is over.

“Think BTC definitely visit $70,000s again,” he wrote, noting that while the bounce has strength, it’s likely not sustainable over the long term.

Thoughts real quick, specifically Bitcoin.

Think BTC definitely visit 70s again.

Think a good trade that I would almost certainly sell is if price can remain bid at 88. That probably takes us to mid 90s. There is a running diagonal, and a couple moving averages that everyone is…

— HORSE 🏴‍☠️ (@TheFlowHorse) April 17, 2025

He points to a “running diagonal” pattern and the influence of key moving averages as areas traders are watching closely. These indicators, while supporting the current bullish momentum, could also signal exhaustion if price fails to hold higher levels.

Short-Term Bounce? $90K+ in Sight

Still, the short-term setup looks favorable for bulls — at least for now.

“Think a good trade that I would almost certainly sell is if price can remain bid at $88,000. That probably takes us to mid-$90,000s.”

In other words, if BTC shows strength above the $88K range, it could trigger momentum plays that push the price up toward $94K–$95K before encountering resistance.

This offers a potential window for swing traders to capitalize — but also serves as a cautionary zone where sharp reversals could unfold.

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Trump, Powell, and “Clown World” Risk

Flow Horse also threw in a dose of macro-political commentary, warning of potential instability should Donald Trump win the 2024 U.S. election and attempt to remove Federal Reserve Chair Jerome Powell.

“If by some measure he is able to boot Powell… markets nuke.”
While firing Powell may be legally and politically improbable, Flow Horse hints that even the perception or attempt could create a shock to risk assets, including crypto — especially in an already fragile macroeconomic climate.

The Big Picture

Bitcoin has come a long way in 2025, but according to Flow Horse, it’s not in the clear just yet. While a push toward $90K+ remains on the table in the near term, traders should be prepared for a possible return to sub-$80K territory — especially if broader risk sentiment sours.

With technical patterns, momentum levels, and macro politics all converging, the next few weeks could be volatile

“Momentum opportunities exist on the other side,” Flow Horse notes — signaling that savvy traders should stay nimble, ready to play both directions of the market.

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