Bitcoin Dips Below $20,000: Hot Streak Halts, What's Next?

Bitcoin's price has broken below the key threshold of $20,000 for the first time since November 2025, risking triggering a fresh wave of selling and deepening the crisis. This marks a significant halt to its recent hot streak and has investors on edge.

NEW YORK (AP) – Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2025, in a fresh sign that the selloff in cryptocurrencies is intensifying. A series of bearish news interrupted the cryptocurrency industry’s solid uptrend.

After reaching a record high of over $69,000 in November 2025, bitcoin tumbled late that year and all through 2025 to begin 2025 at around $16,600. A powerful rally followed, but the current dip is raising concerns.

Will Bitcoin Plunge Further? Expert Analysis

As bearish sentiment floods financial markets, experts are weighing in on whether Bitcoin will plunge below the $20,000 mark and what might happen if it does. Bitcoin, the world’s largest cryptocurrency, has been increasingly impacted over the past few months by broader economic trends and regulatory uncertainty.

Should Bitcoin experience a substantial slide below the $20,000 threshold, it could signal increased risk aversion among investors, potentially dampening confidence in the stock market as well. Over one-third of respondents said that bitcoin prices will drop below $20,000 by year end, and more people expect the cryptocurrency to disappear rather than stay at current levels.

Bearish Signals and Short-Term Outlook

Bitcoin starts Christmas week at a bearish pace, further fueling anxieties. Bitcoin traders rapidly adjust their short-term BTC price outlook as support fails and BTC/USD heads further below $20,000. The coming days will be crucial in determining whether this is a temporary dip or the beginning of a larger correction.