BTC Price Prediction after Serious Decline to $87K
Bitcoin has slipped below $90K and is now in the negative for the year after Trump increased his Greenland pursuit.
Quick overview
- Bitcoin has fallen below its 2026 starting point of $87,696 due to market anxiety over President Trump's actions regarding Greenland.
- The cryptocurrency is currently down 2.97% for the day, raising concerns about its future support as it struggles to maintain a critical psychological level of $90K.
- Investors fear a prolonged selloff as Bitcoin slips further from its all-time high, with the wider crypto market also experiencing declines.
- Analysts predict Bitcoin may stabilize between $80K-$85K in the coming week, but face ongoing challenges at the $90K mark.
Bitcoin is now below its 2026 starting point at $87,696 (BTC/USD), pushed down by anxiety over President Donald Trump’s endeavor to purchase Greenland for the United States.
Investors are worried about what will happen to the economy as Trump starts yet another trade war, and the cryptocurrency market is feeling the pressure. Bitcoin (BTC) is down 2.97% for the day and dropping, now underneath the 20206 initial price of $87,710.
BTC/USDTrump says the U.S. is not going to take Greenland by force, but the market is still worried and still demonstrating bearish trends. Even if the U.S. invokes no military power to make Trump’s wishes come true, stiff tariffs between the United States and Europe could drag the economy down dangerously low.
What Falling Below $90K Means for Bitcoin
It is important for Bitcoin’s support that it remains above $90K. This is a psychologically vital level, and for the coin to slip below that means that it is going to lose support from investors. This is the same level that Bitcoin struggled so hard to beat all through December, and investors who have been watching the coin will remember that.
Bitcoin is not just stagnating, it is actually slipping further from a new all-time high. If the coin were close to $126K and maintained a position near that record high, the market would not have to worry about its future, but for Bitcoin to have so much difficulty around $90K, well below its record high, indicates a coin in serious trouble.
Investors should rightly be worried that BTC may not hit a new high for months now. There is strong concern that the coin will lose much of its support and we will see a protracted selloff. Even the whales will not be able to support Bitcoin if it continues to lose them money.
The wider crypto market is in decline as well, with drops recorded today from Ethereum, (ETH), Solana SOL), XRP (XRP), and many others. The stock market has declined as well, with serious drops across the board Tuesday and only a minor recovery on Wednesday. Bitcoin is losing market support, economic support, and investor support right now, leading analysts to assume further declines in the near future. We expect that Bitcoin will hold somewhere between $80K-$85K over the next week before a positive factor helps give it a boost back up. But the coin may have a brand new period of protracted struggle at $90K now, and it really cannot afford that for its public image.
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