Bitcoin Price Prediction Calls for 30% Decline
Bitcoin is a little higher this week but is still in its bear phase according to analysts wo predict a drop of 30%.
Quick overview
- Bitcoin (BTC) has seen a slight recovery but is warned by Standard Chartered that it could drop to $50,000 before finding support.
- Currently priced at $67,799, Bitcoin is up 1.54% from the previous day but remains significantly below its October all-time high.
- Analysts express concerns about ongoing selling pressure and a bearish market sentiment, with predictions of further declines before a potential recovery.
- Despite the current bearish phase, some analysts suggest that this could be a good entry point for investors looking to buy the dip.
Bitcoin (BTC) recovered slightly Wednesday, but the Standard Chartered bank warns that the price could fall to $50,00 before BTC finds support.
Now at $67,799 (BTC/USD), Bitcoin is up 1.54% from the previous day but still well off its October all-time high. After months below the record high, analysts worry that Bitcoin will have trouble holding onto any gains it makes, and Standard Chartered suggests a loss of 30% soon.
BTC/USDThe slight upturn the market saw this week, partly due to a very optimistic jobs report for January, could be turned around quickly as market sentiment remains low for Bitcoin and the larger cryptocurrency market.
Selling Pressure to Increase Once More?
Investors have sold off much of their Bitcoin over the past few months as they worry about the economy, rising tariffs, the utility of Bitcoin, and the future of the crypto market. The market has been repeatedly gripped by panic selling, and selling pressure has remained high since November. Even when the stock market rises, the cryptocurrency market continues to be bearish.
Bitcoin struggled at the $90K level a few times at the end of 2025 and then found no support even around that level in 2026. Since February began, Bitcoin has fallen by $10,000. Analysts worry that the decline is not over for the coin, and Standard Chartered is not the only investment entity warning of further slippage for the BTC rate.
Benjamin Cowen, a crypto analyst, says that Bitcoin is still in its bear phase. According to Standard Chartered, though, there could be just one last wave of selling pressure. The general consensus among analysts is that the coin is still bearish and that the market is going to go through another period of selloffs. That may be a long, dramatic period or a short one before a bullish upswing.
The outcome of the next bear wave will likely depend on how much consumer confidence is left in Bitcoin and the crypto market. Months of selloffs have depleted the market’s confidence levels in these digital tokens, but the positive jobs report and the new legislation that is being drafted to support crypto regulation could help.
Bitcoin price predictions place the coin around $50,00 in the coming weeks and Ethereum (ETH) around $1,400. Weakened ETF flows demonstrate that investors are soft on these coins and are waiting out the bullish phase before they make their move. Most analysts are optimistic that the market will recover and that crypto will once again be highly sought after, but it is a question now of how long they will have to wait for that recovery.
Investors should consider the bearish phase a good entry point. Because the market is expected to recover, investors should look for a good opportunity to jump in and buy the dip on Bitcoin and other resilient crypto tokens.
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