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Crypto Prune > News > Crypto > Bitcoin > Mapping Bitcoin’s bottom: Shows how far the price will fall before recovering
Bitcoin

Mapping Bitcoin’s bottom: Shows how far the price will fall before recovering

45 minutes ago 4 Min Read
Editorial you can trust Content is reviewed by leading industry experts and experienced editors. Advertising disclosure

Bitcoin (BTC) could be bracing for further losses as crypto analysts have issued grim and ominous predictions. According to his analysis, Bitcoin’s current structure shows that: Mainly bearish trendthe price is expected to bottom out below $30,000 before a possible reversal to the upside.

Bitcoin repeats 2022-style bear market

Cryptocurrency market analyst Jassy said: published New Bitcoin chart analysis on X warns that the market may not have reached its final bottom yet. This chart compares the current weekly structure. Bitcoin 2022 cycleshowing almost identical price trends below. double top formation And a bear flag that led to a major breakdown.

In 2022, Bitcoin recorded a double top near the upper resistance zone above $60,000 for the first time. After that, it broke away from the rounded upside structure and reversed into a sustained downtrend. After this, the price experienced a sharp decline that led to a three-week period of price action. bear flag pattern.

This consolidation served as a pause before the bearish continuation, with BTC ultimately falling another 38.96% from the bear flag range. As a result, the last leg decline wiped out around $11,095, bringing the price into the long-term support zone and the market finally bottoming out and beginning to stabilize ahead of a recovery.

bitcoin price
Source:X

Interestingly, Jassy claims that the current Bitcoin cycle is being reproduced. Similar bear market structure expected in 2022 Almost perfectly. The right side of the chart shows that BTC formed a similar double-top pattern in 2025 above the $120,000 area, but then rolled over and broke out sharply. This correction pushed the price below a key horizontal level near $74,321 that previously served as support.

See also  Metaplanet Bitcoin revenues jump 115.7% when the stock price plummets 67.5% in the third quarter

Following this decline, Bitcoin entered a phase of tight consolidation. It resembled the bear flag of 2022.. This structure is downward sloping and reflects significant price compression following an initial major downturn. According to Jassy, ​​Bitcoin is currently in the third week of this consolidation period, the same point in 2022 when the market entered its final price crash.

bottom target

Jussie used the same decline percentage from the 2022 breakdown to predict how far Bitcoin price could fall before attempting a noticeable recovery. His graph suggests that BTC has already started falling The bearish flag pattern initially caused it to crash below the $100,000 area, but it is now trading near $65,000.

Analysts are currently predicting that there could be another ~38% correction from the previous support level around $74,320, which could send Bitcoin price down to around $46,199. The blue line below this zone on the price chart represents Bitcoin’s ultimate downside target. Jussie expects an even bigger drop to $28,301. BTC price bottom before any meaningful recovery takes hold.

Bitcoin price chart on Tradingview.com
BTC fails to collect $70,000 | Source: BTCUSD on Tradingview.com

Featured image created by Dall.E, chart on Tradingview.com

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