Overview

Click to expand overview
10X Research suggests Bitcoin could plummet to $50,000 due to declining liquidity. Analysts warn of a double-top pattern, predicting a possible drop to $45,000. As a horrible trader, I think Bitcoin is forming a bearish triple top on the 1 day chart. And if so, it is heading to 50K region, this would be 32% down from its ATH in March. If this to happen, how Instead, people are wondering if Bitcoin is about to plunge below $50,000. As traders keep a close watch on this critical level, many believe this week could decide Since inception, Bitcoin's price has seldom been stable. Just like any financial asset, even BTC has witnessed Prominent crypto traders have been speculating over Bitcoin’s price since the halving event on April 20. The event cut Bitcoin miner block rewards by 50%, from 6.25 BTC to Fundstrat Head of Research Tom Lee has asserted that Bitcoin could face a steeper decline but remains confident in its prospects for 2025. The analyst disclosed this on Bitcoin's price swings can be scary. Will Bitcoin fall to $50k? Top analysts share their insights & predictions. Bitcoin BTC$95,520.16 extended its slump during Asian trading hours on Monday, plunging below $50,000 before recovering to around $51,000, still the lowest level While technical analysts expect the $50K-$52K range to be a critical support zone for Bitcoin for a strong bounce back, many investors are clueless about the potential

Bitcoin Price Watch: Why a Drop to $50k, $35k, or Even $25k Would Be Concerning

Bitcoin's price swings can be scary. Just like any financial asset, even BTC has witnessed volatility. Prominent crypto traders have been speculating over Bitcoin’s price since the halving event on April 20. The analyst disclosed this on.

The $50,000 Level: A Critical Test for Bitcoin

The big question on everyone's mind: Will Bitcoin fall to $50k? Top analysts share their insights & predictions. Bitcoin BTC$95,520.16 extended its slump during Asian trading hours on Monday, plunging below $50,000 before recovering to around $51,000, still the lowest level. Instead, people are wondering if Bitcoin is about to plunge below $50,000. As traders keep a close watch on this critical level, many believe this week could decide.

While technical analysts expect the $50K-$52K range to be a critical support zone for Bitcoin for a strong bounce back, many investors are clueless about the potential. What makes this level so important? A sustained drop below $50,000 could trigger further selling pressure and signal a deeper correction.

Analyst Predictions: A Mixed Bag

Fundstrat Head of Research Tom Lee has asserted that Bitcoin could face a steeper decline but remains confident in its prospects for 2025. 10X Research suggests Bitcoin could plummet to $50,000 due to declining liquidity. Analysts warn of a double-top pattern, predicting a possible drop to $45,000.

The Bearish Scenario: $35,000 and $25,000

Beyond $50,000, concerns grow about potential drops to $35,000 and even $25,000. Why would this be concerning?

  • Market Sentiment: A significant decline would severely damage market confidence, potentially leading to a prolonged bear market.
  • Liquidation Cascades: Leveraged positions could be liquidated, exacerbating the downward pressure.
  • Institutional Hesitation: Institutions that recently entered the market might reconsider their positions, further impacting the price.
  • Altcoin Impact: Altcoins, which often follow Bitcoin's lead, would likely experience even steeper declines.

Why These Levels Matter: Technical Analysis and Sentiment

As a horrible trader, I think Bitcoin is forming a bearish triple top on the 1 day chart. And if so, it is heading to 50K region, this would be 32% down from its ATH in March. If this to happen, how.

Since inception, Bitcoin's price has seldom been stable. The $35,000 and $25,000 levels represent key psychological and technical support areas. Breaching these levels could signal a fundamental shift in the market's perception of Bitcoin's value.

The event cut Bitcoin miner block rewards by 50%, from 6.25 BTC to.

Staying Informed and Managing Risk

Navigating Bitcoin's volatility requires careful analysis and risk management. Stay informed about market trends, monitor key support and resistance levels, and consider consulting with a financial advisor before making any investment decisions.

Top Sources

Related Articles