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Crypto Prune > News > Crypto > Bitcoin > If this happens, Bitcoin price could plummet to $78,000
Bitcoin

If this happens, Bitcoin price could plummet to $78,000

2 months ago 3 Min Read
Editorial you can trust Content is reviewed by leading industry experts and experienced editors. Advertising disclosure

Bitcoin prices have been on a consistent downward trend since hitting a new high in October 2025, hitting new yearly lows. The first wave was caused by selling off large accounts that coincided with the 10/10 crash. Since then, each attempt at recovery has been met with further declines, with the price of Bitcoin unable to regain $100,000. Sentiment remains subdued, and the chances of a meaningful recovery look smaller by the day.

Bitcoin price correction may not be over yet

Crypto analysts on the TradingView website highlighted the price of Bitcoin and the next decision level for the cryptocurrency. For now, the price remains low, favoring the bears. Nevertheless, there is still an opportunity for the bulls to take over if momentum picks up.

The first major level that Bitcoin price must recover is at $90,000, which is currently a stronghold for the bears. As crypto analysts explain, the digital asset will need to recover and sustain this level for the price to rebound. In case of a pullback, the cryptocurrency is expected to maintain its bullish structure.

On a bullish continuation, the first major resistance level will be retested at $97,000. Once defeated, the bulls could quickly rally to $100,000, and that psychological level could trigger investors to flood back into the market.

However, with Bitcoin price already falling below $90,000 over the weekend, the bearish part of the prediction is likely to hold true. As this post explains, failure to hold $90,000 would be incredibly bearish for the price and would mark the beginning of a further decline.

See also  Crazy Bitcoin Bet: Traders' Billion Dollar Bets Says BTC Will Climb This Week
bitcoin price
Source: TradingView

Once Bitcoin price starts to fall, there is little room to hold until it reaches the next major resistance at $78,000. This means that Bitcoin price is likely to fall by more than 20% before eventually finding footing above $78,000 and preparing for the next rebound. “This is the point where we will decide on the next big direction,” the analyst said.

Bitcoin price chart on Tradingview.com
BTC bulls fight to regain dominance | Source: BTCUSD on Tradingview.com

Featured image from Dall.E, chart from TradingView.com

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