A widely followed crypto analyst is alerting investors that Bitcoin (BTC) could plunge even further if a critical support zone falls apart.

In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 539,600 followers on the social media platform X that the crypto king could fall below $90,000 if it fails to hold the $91,000 level as support.

However, the trader says the crypto king still has a chance to avoid such a scenario.

“Bitcoin dropped into the range low of $91000 (blue) and even briefly rebounded from there. But price is once again back at the range low and even downside deviating below it for the time being.

A daily close below $91,000 followed by a turning of it into new resistance would send…