Bitcoin may not fall below $75000 in this bull season

[Oshosondy]

Bitcoin has already fallen below $77000 but the price increased back above $80000. It falls below $80000 like two times. Although many times but you can understand what I means from the day candles how it is not more than two times.

Bitcoin is not getting below $80000 for almost 2 weeks now. With what I am seeing, this only means that if bitcoin go to around $76000 again, the price will bounce back. Or the price may not get below that level.

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

[Lida93]

Bitcoin price is presently at $85k at the time of writing this and viewing the 1D chart the price is in between a resistance and support level. We have resistance at $93k mark while support is at $71k.

So with this, I think the least bitcoin price could fall to as a retest would be around that $70k for which I expect a bounce back due to how strong the support. Except for an impactful market event occurring.

 However, if the price breaks above $93k  then we should be expecting a new ATH because it could rise with a strong momentum. Ultimately there's all evidence that we're still bullish.

[Cryptohygenic]

The above this whole predictions of bitcoin Speculations that has not been realistic of enthusiasts, I must say that it is really of no impression that the market has been performing too bad.
At some point I don't even what to hear that phrase saying "take opportunity of the market fall and buy more".
If I don't have money to buy more as the Dca may seem as opportunity, why would I be impressed to the market condition always declining from the successors of any current price resistance?
Right since the $110,000 Ath, the price keep falling and while resisting on recovery, it keep declining so I am just wondering
I have a friend who had dumped his holding on bitcoin angrily because the market performance has been a misfortune. He just can't sell at the low odd within $80,000 after seeing the ATH.
I don't just know why this current market cycle has been so awkward.

[EL MOHA]

Bitcoin price is presently at $85k at the time of writing this and viewing the 1D chart the price is in between a resistance and support level. We have resistance at $93k mark while support is at $71k.

So with this, I think the least bitcoin price could fall to as a retest would be around that $70k for which I expect a bounce back due to how strong the support. Except for an impactful market event occurring.

 However, if the price breaks above $93k  then we should be expecting a new ATH because it could rise with a strong momentum. Ultimately there's all evidence that we're still bullish.

On 1D what I see is a primary resistance at $87k which to my surprise has held steady for a few days now as I was actually expecting it to be just a secondary resistance and and the $90k been the primary resistance but the $87k has strongly be holding up which we might be needing strong bullish movement to break. As for the support It is at the $76k and to my former prediction should be holding off because the price has already filled the imbalance there already. Although should we experience any negative news we could see it been broken because of the high buy orders currently below it.

My sentiment there for is that the market will most likely be looking at upward movement because of its continuous test of the resistance which technically should be broken with just a little fundamentals

[Kemarit]

Bitcoin has already fallen below $77000 but the price increased back above $80000. It falls below $80000 like two times. Although many times but you can understand what I means from the day candles how it is not more than two times.

Bitcoin is not getting below $80000 for almost 2 weeks now. With what I am seeing, this only means that if bitcoin go to around $76000 again, the price will bounce back. Or the price may not get below that level.

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

Yeah, it seems your assumptions "for now" is validated, unless we do fall below $75,000 and scare the investors. As for the $109,000 to $77,000 it could be that we are in the overbought zone because of Trump winning. So after everything had settled down, we are back to where we should be base on this bull run's timeline.

I read some threads saying that we might be in the bearish because of ETF and the pre halving ATH. But still though the pattern might still be true and not yet broken and we might still see a huge parabolic rise in the last quarter of the year.

[STT]

Its struggling right now, if we get 90k then I'll decide more positively, if 85k is the top of the struggle and we trade down and thats all the positive left in the barrel then I fear lower is a fairer guess then trying for a breakout upwards back to the prices that once were seemingly normal at year start.

I say 90k because that is the start not the finish line or certain ignition of proper recovery, it has to assemble then I imagine fight upwards from 90k.  If the runner is on his knees getting to the blocks its not looking good, at the best its a delayed race and as said we might sit on the bench above 75k thinking things over and thats ok too.

[JeffBrad12]

hopefully so, still good some good stash on BTC and i'm looking for $150k target for the Q4 of this year and this being overly pessimistic, hopefully it will happen and BTC reach another ATH.
current price action is just a plain classic bear trap to sideline the retailers and I definitely won't be one of them.

current price is nothing but accumulation for the next legs up.

[Agbamoni]

Bitcoin price is presently at $85k at the time of writing this and viewing the 1D chart the price is in between a resistance and support level. We have resistance at $93k mark while support is at $71k.

So with this, I think the least bitcoin price could fall to as a retest would be around that $70k for which I expect a bounce back due to how strong the support. Except for an impactful market event occurring.

 However, if the price breaks above $93k  then we should be expecting a new ATH because it could rise with a strong momentum. Ultimately there's all evidence that we're still bullish.

Your speculation is proving bitcoin will fall below $70k then it is contradicting what OP said. You may be wrong or right in the end. What i have in mind is Bitcoin will not go below $70k well it is still possible considering the consolidation in the price recently.

If you hold on to your Bitcoin, then try to stop looking at the 1D chart. 1W chart will show price movement and what may be possible in the market. My speculation is within the end of this year and 2026 bitcoin will experience some massive dip; it will be big opportunity for new comes to bag more. Below $70k will be an understatement. I am hoping it will go below $60k

[michellee]

No one will know if that will come or not. But that could be possible. Although the price now increases and stays at $86k, we must be careful because we never know what will happen later.

We still hope the price will break $90k, rise and hit the next new ATH. But if that is far away to reach, we can wait for more and prepare for the coming.

If we check the market situation, the price may still increase and back to $90k or a higher price. Hopefully, what we want will happen and we will make a big profit again.

[Lida93]

Bitcoin price is presently at $85k at the time of writing this and viewing the 1D chart the price is in between a resistance and support level. We have resistance at $93k mark while support is at $71k.

So with this, I think the least bitcoin price could fall to as a retest would be around that $70k for which I expect a bounce back due to how strong the support. Except for an impactful market event occurring.

 However, if the price breaks above $93k  then we should be expecting a new ATH because it could rise with a strong momentum. Ultimately there's all evidence that we're still bullish.

Your speculation is proving bitcoin will fall below $70k then it is contradicting what OP said. You may be wrong or right in the end. What i have in mind is Bitcoin will not go below $70k well it is still possible considering the consolidation in the price recently.

Actually I said the least price could fall to is $70k base on the strong support at that level in the 1D chart. Which may have not being contradictory demonstrating on what OP's said about what some people thinks about bitcoin price getting to $69000 but the good part is that all speculations aligns about a possible rebound in the event of any further dip to that price mark.

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

[mv1986]

Bitcoin has already fallen below $77000 but the price increased back above $80000. It falls below $80000 like two times. Although many times but you can understand what I means from the day candles how it is not more than two times.

Bitcoin is not getting below $80000 for almost 2 weeks now. With what I am seeing, this only means that if bitcoin go to around $76000 again, the price will bounce back. Or the price may not get below that level.

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

If it was that easy...

But I guarantee you that there will be couple of people out there who are correct with their predictions because if there is a billion predictions going around, some of them will hit the target or be pretty close and then those guys will claim they knew what's going tp happen next. You are better off checking the predicted targets of one and the same set of people for a longer period of time.

The conclusion that Bitcoin will bounce back from 76k because it bounced back from there before is quite weak. Momentum could develop anytime for any unforeseeable reason.

[Akbarkoe]

Bitcoin has already fallen below $77000 but the price increased back above $80000. It falls below $80000 like two times. Although many times but you can understand what I means from the day candles how it is not more than two times.

Bitcoin is not getting below $80000 for almost 2 weeks now. With what I am seeing, this only means that if bitcoin go to around $76000 again, the price will bounce back. Or the price may not get below that level.

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

If we think probability then both are very possible, some even say it could go down to $65k, in theory the probability certainly has a chance to continue to go down but if we look at the technicals it is indeed different speculation, I agree more that $76k is very difficult to penetrate if we want to continue the bullish market to a higher point at the end of the cycle, but if it can be at the price level of $60k I myself highly doubt that bitcoin will end up more than $120k at the end of the current cycle.

The current bitcoin decline is more tolerant than the previous cycle which had higher fluctuations after its first peak formed ATH before the end of the cycle.

[Gozie51]

Whatever it looks like I think Bitcoin is still on bull run and that is why it didn't break below $70k before it continued upward to now $85k. I think there is a stong support around $75k that ii made a rebounce back to $80k and gradually to $85k. I think this week will continue in green with the gradual adoption coming up through the US economy. That is positive for bitcoin.

[WeedGoW]

The rise and fall of bitcoin is always stuck with those we are stuck with crypt currency, everyone knows it is movement. Bitcoin’s price has dropped below $80,000 in recent years but now it is recovery and is above $87,000. When I am doing this post. My experience says that if Bitcoin reaches above $90,000, then one million dollars will cross again.

[cryptomaniac_xxx]

Bitcoin has already fallen below $77000 but the price increased back above $80000. It falls below $80000 like two times. Although many times but you can understand what I means from the day candles how it is not more than two times.

Bitcoin is not getting below $80000 for almost 2 weeks now. With what I am seeing, this only means that if bitcoin go to around $76000 again, the price will bounce back. Or the price may not get below that level.

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

I also read some recent analysis like this one, that the price won't fall below this level. However, it's going to be crucial as what the price movement will be for this week. They said that the price needs to maintain above $85k.

And if we go above this price at the end of the year, we might see some good movement. So far I have check the price and it's fluctuating between $85k-$86k, so it seems the TA would have to be validated for now.

[sunsilk]

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

If it happens, many will hit their buying orders and that's going to make the demand higher again because that's what we typically see whenever it goes down.

Maybe we'd see more of the $70k or even $69k as the lowest just for the sake of possibility. But if we already hit that low from the recent days under $80k and we're going back to $90k.

It's likely that we'll aim to get a push back to the top and get that flat line of $100k until we see new ATH again.

[ultrloa]

Bitcoin has already fallen below $77000 but the price increased back above $80000. It falls below $80000 like two times. Although many times but you can understand what I means from the day candles how it is not more than two times.

Bitcoin is not getting below $80000 for almost 2 weeks now. With what I am seeing, this only means that if bitcoin go to around $76000 again, the price will bounce back. Or the price may not get below that level.

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

I also read some recent analysis like this one, that the price won't fall below this level. However, it's going to be crucial as what the price movement will be for this week. They said that the price needs to maintain above $85k.

And if we go above this price at the end of the year, we might see some good movement. So far I have check the price and it's fluctuating between $85k-$86k, so it seems the TA would have to be validated for now.

We could read it anywhere since somehow this is famous sentiments by some article creators and Binance also have their own article regarding on this situation https://www.binance.com/en/square/post/19800976361025

But looks like Bitcoin is going strong and its near at $88k at current price. So maybe there's good chance that it will hit at $90k rather than dropping at $75k which is been speculated by some people. But still lets not disclose about those possibilities since if that situation will come then that means there's good opportunity for us to buy Bitcoin again.

[Zadicar]

Bitcoin has already fallen below $77000 but the price increased back above $80000. It falls below $80000 like two times. Although many times but you can understand what I means from the day candles how it is not more than two times.

Bitcoin is not getting below $80000 for almost 2 weeks now. With what I am seeing, this only means that if bitcoin go to around $76000 again, the price will bounce back. Or the price may not get below that level.

Although some people are saying bitcoin may get to $69000 but I do not think so this time. But be it anyway, expect a bounce back. No bear season yet, it is only a retracement.

Breakouts could happen anytime and this is something that you should be putting up into your mind once you do really step your foot into this market, or simply expect the unexpected on which we do know that price might not be looking that not to drop with these prices considering that it had been able to make up some bounce once it do hits, but it doesnt mean that it wont breakout on the  3rd time that it would happen. This is why its always been best that you should be prepared or that anticipating for the worst. Its not being that bad on being optimistic but make it sure that you've been wary about on the possibilities. Always anticipate for price drops on which this has been always the main reason on why some people are really that eager or wanting for the price to make out such drops to get the opportunity for them to accumulate even more.

[ajiz138]

I never thought bitcoin would go below $70K maybe it's the sentiment that some people have taken too badly to bitcoin's performance in the market, but the fact that now bitcoin has touched $87K again indicates that it will start bullish again.

Even if people say other negative sentiments, I predict that this year's bullishness can be more than $130K at least it will wait until the end of this year.
Because the daily movement is now quite good.

[Ultegra134]

If we think probability then both are very possible, some even say it could go down to $65k, in theory the probability certainly has a chance to continue to go down but if we look at the technicals it is indeed different speculation, I agree more that $76k is very difficult to penetrate if we want to continue the bullish market to a higher point at the end of the cycle, but if it can be at the price level of $60k I myself highly doubt that bitcoin will end up more than $120k at the end of the current cycle.

The current bitcoin decline is more tolerant than the previous cycle which had higher fluctuations after its first peak formed ATH before the end of the cycle.

I also do not doubt that there's the possibility of Bitcoin crashing down to $65,000; from my perspective, it's the lowest point it'll reach. So far, the lowest price for 2025 is $78,000, which I do not find concerning if you ask me; it's still proximate to the previous ATH, so I don't find it a huge deal. With that being said, according to the four-year-old cycles, 2025 is still considered a bull-market year; we haven't seen a major crash that lasted more than a few days. A drop from ~$100,000 to $86,000 to $90,000, might seem major; it's over 10% and still doesn't pose significant risks for the market at such a high price level.