How Low Can Bitcoin Price Go? The Critical Levels Every Crypto Investor Must Watch
Bitcoin's floor is the question haunting every portfolio. Forget the moon—where's the bedrock?
The Support Hunt
Traders are scanning charts for that magical number where selling pressure evaporates. It's not about guessing; it's about identifying the psychological and technical levels where markets historically find their feet—or crash through them.
Liquidity Zones & The Fear Gauge
Massive sell orders cluster at key round numbers and previous cycle lows. When those levels break, automated systems trigger, and human panic amplifies the drop. Watch the derivatives market—when funding rates plunge negative and open interest shrinks, the flush might be nearing its end.
Macro's Heavy Hand
Bitcoin doesn't trade in a vacuum. Rising rates suck liquidity from risk assets, and traditional finance's sudden allergy to 'speculation' can turn a dip into a dive. Sometimes, the biggest crypto trade is happening in a central bank meeting room halfway across the world.
The Contrarian Pulse
True bottoms often form when headlines are bleak, social media goes quiet, and the last bull gives up. It's the point of maximum financial discomfort—where weak hands capitulate and cold, patient capital starts quietly accumulating, often while pundits on financial networks are busy recommending government bonds.
So, how low can it go? Low enough to make you question your conviction, then reverse to prove it right.
Bitcoin is starting December under pressure after an 18% fall in November, its worst November since 2018. With this sharp drop, many traders are now asking whether the worst is over or if more downside is coming.
Prominent crypto analyst CrypNuevo warns that Bitcoin still faces strong resistance at $80 before the price begins to rally.
BTC Price Expected to Retest $80K
According to CrypNuevo, a key warning sign is that bitcoin is now trading below the 1-week 50 EMA, a strong line that usually decides whether the market is bullish or bearish. As long as BTC stays under it, the risk of revisiting the $80K support grows.
Meanwhile, December has already started weakly, with Bitcoin dropping around 5% and currently trading NEAR $86,743.
The analyst also notes that the current price pattern looks very similar to February–March this year, when Bitcoin went through a sharp liquidation drop, bounced, got rejected by the daily 50 EMA, revisited the lows, and only then made a strong breakout to new highs.
$BTC Sunday update:
This looks similar to the Price Action back in Feb-March this year.
Drop with a liquidation cascade > quick recovery > 1D50EMA rejection > back to lows > bounce above the 1D50EMA > end of correction and new highs
Let's discuss a couple scenarios:
↓(1/6) pic.twitter.com/wze3Q4HKkQ
Key Resistance Levels: $94.5K and $99K
For bullish momentum to return, Bitcoin must climb back above $99,800. Until it does, traders cannot fully expect new highs. CrypNuevo highlights $94.5K and $99K as the first major barriers where sellers may step in again.
The daily 50 EMA is also near $99K, making that area even tougher to break. If Bitcoin fails to MOVE above these levels, another drop becomes likely.
But if BTC breaks and holds above $99K–$100K, a fresh bullish trend could start and open the door to new highs.
Peter Brandt Predicts BTC price to Crash
Popular market expert Peter Brandt has shared a new weekly logarithmic chart that suggests BTC may still have room to drop. As per the BTC weekly chart, the upper boundary of a key support zone begins below $70K, suggesting Bitcoin could fall further before finding a strong base again.
Not to bust anyone's banana, but the upper boundary of the lower green zone starts at sub $70s with lower boundary support in the mid $40s.
How soon before Saylor's Shipmates ask about the life-boats? $BTC pic.twitter.com/YLfjSDdw9H
Even more concerning, that large liquidations from institutional and corporate holders might speed up the decline, potentially sending Bitcoin sharply lower before the next big recovery begins.
