BTC Price Prediction after Fall below $70K
Bitcoin is falling fast and could still dip further according to some estimates after weeks of strong bearish behavior.
Quick overview
- Bitcoin's price has fallen to $69,357, dropping below the crucial $70K level and raising concerns among investors.
- In the last 24 hours, Bitcoin's value decreased by 8.34%, contributing to a bearish trend that has wiped out billions in market value.
- Analysts suggest that Bitcoin could continue to decline, with some predicting a potential drop to as low as $10K amid diminishing investor sentiment.
- Despite the current downturn, some believe Bitcoin's volatility could lead to significant long-term gains if investor confidence returns.
For the last three sessions, cryptocurrency markets have fallen, and Bitcoin (BTC) is now at $69,357 (BTC/USD) in an alarming turn for investors who hoped the coin would rebound after weeks of sharp decline.
Bitcoin is now below the crucial $70K level, and each $10,000 level it drops is another psychologically impactful hit to the confidence that investors have the digital token. In the last 24 hours, Bitcoin’s price has dropped 8.34%, and it may continue its plunge throughout the rest of the week.
BTC/USDBillions of dollars of Bitcoin value has been wiped out by a bearish trend that does not appear to be stopping. The BTC rate is now at its lowest point since November, and some analysts say it could plunge much lower.
Bitcoin’s Lengthy Decline
The BTC price hit an all-time high on October 6th, 2025, reaching $126,198. From there, the coin has fallen sharply. By mid-November, the price of Bitcoin fell below $100K and never reached back above that level. The coin tested the $90K level a few times since then but struggled to keep above that psychologically important mark.
In late January, Bitcoin entered into a freefall, and it has lost $20,000 in value since the end of last month. Now, investors are wondering where the bottom is for the coin. Can Bitcoin regain its record high and establish new records this year? Some indicators point to an extended bear run that lasts through much of the year.
The Bull Score Index from CryptoQuant indicates how bullish or bearish a coin is. For about six weeks, Bitcoin has been as bearish as possible, hitting the 0 score on the index consistently. Investors are left to ask how long the bear trend will extend.
Extensive liquidation of digital assets have pushed Bitcoin lower, with both whales and smaller investors jumping on the trend of dumping their assets when they saw the value of Bitcoin was dwindling. If the coin falls to $68K, which it is likely to this week, then we may see a demand reaction. That is where Bitcoin’s price would hit the 200-week exponential moving average.
But other indicators place the bottom for Bitcoin even lower than that, with some analysts predicting that the BTC rate will fall to $10Kas investor sentiment diminishes rapidly. On the other end of the spectrum is Michael Saylor, the executive chairman of Strategy. He says that Bitcoin’s volatility is a feature that keeps short-term investors away and that the coin could easily climb to $10 million if investors agreed with his views.
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