Trader James Wynn Predicts Bitcoin Crash to $67,000 This Week
Crypto trader James Wynn — known for previously losing $100M in realized profits — posted on X that Bitcoin (BTC) could crash to $67,000 by the end of the week or over the weekend. Wynn cited that zone as having meaningful support and buy pressure. His prediction follows a prior accurate call when BTC fell below $100,000; last month he also forecast a 32% drop to around $77,000 after a 650% rally. At the time of reporting, BTC had recently rebounded from lows near $81,000, reclaimed the $90,000 psychological level and was trading around $91,200 amid optimism about a Federal Reserve rate cut and the end of quantitative tightening (QT) on Dec. 1. Other analysts noted mixed views: BitMEX co-founder Arthur Hayes suggested $80,000 might be the bottom due to improving liquidity, while analyst “Colin” projected a relief rally to $100,000–$115,000 but warned of a possible further bear-market capitulation. Key points for traders: watch BTC price action near $67k, $80k and $100k; monitor macro cues (Fed policy, liquidity, SPX moves); expect short-term volatility as market participants weigh relief rallies against potential deeper retracements.
Neutral
The article reports a high-profile trader’s bearish short-term prediction (BTC to $67k) while also noting countervailing signals: recent BTC rebound to ~$91k, macro optimism around a Fed rate cut and QT ending, and other analysts calling a bottom at $80k or forecasting rallies to $100k–$115k. This mix of bearish bets and bullish liquidity/macro cues implies increased short-term volatility rather than a clear directional shift. For traders, the immediate impact is heightened risk and active price levels to watch (support ~67k, interim bottom thesis ~80k, resistance ~100k). Historically, prominent trader calls can amplify retail flow and prompt short-term spikes in volume and volatility but seldom by themselves change multi-week market trends without confirming macro or on-chain signals. Therefore the expected market effect is neutral overall: short-term bearish pressure possible if price tests lower support, but recoveries remain plausible if macro liquidity stays supportive.