These Analysts Predicted The Bitcoin Price Crash And Their Forecasts Say It’s Not Over Yet
Bitcoin's brutal correction caught everyone off guard—except these market seers who saw it coming from miles away.
The Warning Signs They Spotted
Technical indicators flashed red weeks before the selloff began. Trading volume patterns, whale movements, and derivatives data all pointed toward an overheated market primed for correction.
Why More Pain Could Be Coming
Their models suggest this isn't just a temporary dip. Macroeconomic pressures combined with institutional profit-taking create a perfect storm for further downside. One analyst's chart shows support levels that haven't even been tested yet.
The Silver Lining For Long-Term Holders
Every major Bitcoin correction has eventually led to new all-time highs. These same analysts note that panic selling often creates the best buying opportunities—though timing the bottom remains Wall Street's favorite guessing game.
When traditional finance types finally understand crypto volatility, they'll probably try to sell a hedging product with 2% management fees.
Bitcoin Price Is Headed Below $100,000
Crypto analyst HAMED_AZ had previously pointed out that the bitcoin price was moving within a descending channel. Since this was a bearish trend, it was expected that the Bitcoin price would begin to crash, and this was the case.
There is also the fact that the Bitcoin price had broken its short-term ascending trendline. At the same time, it had also reached the upper boundary of the descending channel, meeting resistance at $117,000-$120,000. As the bears pushed back on the price, the fall had begun.
It didn’t help that the resistance was sitting a the 61.8% Fibonacci retracement level, one of the factors that triggered the corrective move. As the short-term ascending trendline was broken, it empowered the bears to take control of the digital asset once again.
Despite the already notable decline, the crypto analyst says that as long as the price stays below $118,000-$120,000, then the bearish pressure will continue. The possible target here is below $106,000, but the descending trendline points to a bottom as low as $96,000 in the worst-case scenario.
Bears Are Still In Control
Another pseudonymous crypto analyst on the TradingView website has also outlined why the bitcoin price is bearish. The fact that the digital asset had broken below the ascending trendline, as well as the Ichimoku cloud, suggests that the momentum has turned bearish from here.
With the support of $113,00 already lost, the next targets are on the downside. Prices are expected to keep crashing as low as $108,000 before finding a bottom. However, there could be redemption on the horizon if the bulls are able to reclaim the support between $113,000 and $114,500. But a more definite close above $115,000 WOULD completely invalidate the current bearish move.
Meanwhile, crypto analysts like CrypFlow on X are more bullish after the decline. The analysis shows that the Bitcoin Bollinger Bands are being squeezed again. There is also a bullish Stochastic RSI cross and a momentum explosion. With all of these developments so close together, the analyst believes that it is only a setup for the Bitcoin price to rally higher.