Bitcoin may not fall below $75000 in this bull season

[Oshosondy]

It goes down to $76k, and from then on, it has been fluctuating a lot. And it's obvious that the current dip was due to the tariff that Trump announces and it really affecting everyone specially crypto. There are even threads now that saying Trump is the one causing this big dump that we are seeing as we have seen the price plummet to 30% from it's all time high.

But the thing is that perhaps time is on our side, it's just the start of the second quarter, so there still the last quarter of the year. And if we look at Bitcoin's history, it's that in the couple of months before the end of the year that we have this kind of parabolic rise so it might not be the end for us.

It goes down below $75000 today and fall down to $74470. Although it did not stay much long at that price and it bounced back above $75000. Currently bitcoin price is at $77000.

You are right that Trump caused all these with its tariff trade war.

[Pi-network314159]

Initially I thought Bitcoin may never fall below $75k but seeing Bitcoin market today it drew my attention to this thread. This is just bearly Q2 of this season and Bitcoin is already dipping rapidly meanwhile I was expecting a high price afterall. But however let's just see it as an opportunity for people to buy more now it's dip, because it will surely recover back to it' normal pace.

[Iranus]

It goes down to $76k, and from then on, it has been fluctuating a lot. And it's obvious that the current dip was due to the tariff that Trump announces and it really affecting everyone specially crypto. There are even threads now that saying Trump is the one causing this big dump that we are seeing as we have seen the price plummet to 30% from it's all time high.

But the thing is that perhaps time is on our side, it's just the start of the second quarter, so there still the last quarter of the year. And if we look at Bitcoin's history, it's that in the couple of months before the end of the year that we have this kind of parabolic rise so it might not be the end for us.

It goes down below $75000 today and fall down to $74470. Although it did not say much long at that price and it bounced back above $75000. Currently bitcoin price is at $77000.

You are right that Trump caused all these with its tariff trade war.

The price just bounced back and surpassed the $80k and it's not just Bitcoin, the US stock market also saw a recovery after opening in the red. According to the news I heard, there are rumors that Trump is considering postponing tariffs on all countries for 90 days, except China, and that could be the reason why the market recovered quite quickly.

Not only did Trump cause these things, but it also showed that BTC is increasingly dependent on Trump and the US economy. This is not how a decentralized asset or an inflation hedge works.

https://x.com/atrupar/status/1909250858044313876

[blockman]

It went below $75000 and that's $74000.

Not only did Trump cause these things, but it also showed that BTC is increasingly dependent on Trump and the US economy. This is not how a decentralized asset or an inflation hedge works.

The entire global market is shaking and Bitcoin isn't exempted from that. But I don't think that it's wholly reliant to Trump and the US markets. There's gotta be some moments where it's related to it but soon, it's going to loose its ties there. It just so happen that these markets as of the moment are interconnected and the ones that are behind this manipulation are getting and pulling the money to flow in almost everywhere. I'm believing that this connection will soon stop. It's so fresh right now that we can see it's all related but it will lie low.

[Jegileman]

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.

This retracemnet is taking longer time than predicted by many people. Investors now think it is high time the market gets into the bull nature and bounce back again. Just yesterday, the market has dumped heavily and we can now see that this evening it is trading below $79K. This may also be a sign that the retracement will linger more than expected from now again and even if the market fall below $77K, investors will still be enthusiastic that the market will bounce back again.

[Issa56]

Initially I thought Bitcoin may never fall below $75k but seeing Bitcoin market today it drew my attention to this thread. This is just bearly Q2 of this season and Bitcoin is already dipping rapidly meanwhile I was expecting a high price afterall. But however let's just see it as an opportunity for people to buy more now it's dip, because it will surely recover back to it' normal pace.

Most people didn’t expect the dump which happened today, I never believed bitcoin will dump so low, actually bitcoin didn’t stay so long at $74k, the price is bouncing back, and it’s currently in $79k. I felt bad when I saw the dump, because I see it as an opportunity to accumulate bitcoin at a cheaper price, but I wasn’t having any funds which I won’t be using for that that I will use to accumulate more bitcoin, I just have to keep on looking at the way bitcoin was dumping without buying any bitcoin. Some people see the dip as an opportunity to buy bitcoin at cheaper price, but some people panicked and they sold the bitcoin which they are holding which is really wrong, am sure some will even sell at loss.

[GeorgeJohn]

The price of Bitcoin is not believable, it interchanges, and we all know that bitcoin price is not predictable, so we can experience different changes in bitcoins price, its quite understanding that when demand is more sufficient than supply the prices of Bitcoin increases, but when the supply is more sufficient the price of Bitcoin decrease,

This has been the method of Bitcoin, once investors queue in bitcoins investment the price increases,  but if we have more less investors the price drops in the market, so I'm not surprised that bitcoin price will drop to the extent of reaching 75k, so if time is not take, the price might drop beyond 75k.

[Ziskinberg]

It goes down to $76k, and from then on, it has been fluctuating a lot. And it's obvious that the current dip was due to the tariff that Trump announces and it really affecting everyone specially crypto. There are even threads now that saying Trump is the one causing this big dump that we are seeing as we have seen the price plummet to 30% from it's all time high.

But the thing is that perhaps time is on our side, it's just the start of the second quarter, so there still the last quarter of the year. And if we look at Bitcoin's history, it's that in the couple of months before the end of the year that we have this kind of parabolic rise so it might not be the end for us.

It goes down below $75000 today and fall down to $74470. Although it did not stay much long at that price and it bounced back above $75000. Currently bitcoin price is at $77000.

You are right that Trump caused all these with its tariff trade war.

It won’t be surprising then that we will be witnessing more of price dumps in the next days. Bitcoin is highly volatile, so this is nothing new and shouldn’t be fear of because after this, we will witness btc price surging high. However, for those who are looking for the perfect timing to enter the market, this could be a good sign. Go buy and DCA, and make sure to hold.

[Oshosondy]

It goes down to $76k, and from then on, it has been fluctuating a lot. And it's obvious that the current dip was due to the tariff that Trump announces and it really affecting everyone specially crypto. There are even threads now that saying Trump is the one causing this big dump that we are seeing as we have seen the price plummet to 30% from it's all time high.

But the thing is that perhaps time is on our side, it's just the start of the second quarter, so there still the last quarter of the year. And if we look at Bitcoin's history, it's that in the couple of months before the end of the year that we have this kind of parabolic rise so it might not be the end for us.

It goes down below $75000 today and fall down to $74470. Although it did not stay much long at that price and it bounced back above $75000. Currently bitcoin price is at $77000.

You are right that Trump caused all these with its tariff trade war.

It won’t be surprising then that we will be witnessing more of price dumps in the next days. Bitcoin is highly volatile, so this is nothing new and shouldn’t be fear of because after this, we will witness btc price surging high. However, for those who are looking for the perfect timing to enter the market, this could be a good sign. Go buy and DCA, and make sure to hold.

Some analysts are now predicting that bitcoin could fall to $60000. While I saw stupidest prediction from Bloomberg analyst that says bitcoin is going back to $10000 which we all know is not possible.

Bitcoin is unable to stay above $80000 now but not also going below $75000. I hope this will not last long because if bitcoin do not increase, it may fall. I still hope that bitcoin may not fall below $75000 but the fear this people are inciting on people is very high. I hope people will not follow their prediction.

[FortuneFollower]

It won’t be surprising then that we will be witnessing more of price dumps in the next days. Bitcoin is highly volatile, so this is nothing new and shouldn’t be fear of because after this, we will witness btc price surging high. However, for those who are looking for the perfect timing to enter the market, this could be a good sign. Go buy and DCA, and make sure to hold.

Broader market fear => turns into fear that goes to other market too.

So it's no wonder we can go lower, and the bottom hasn't been hit.

[Zanab247]

Initially I thought Bitcoin may never fall below $75k but seeing Bitcoin market today it drew my attention to this thread. This is just bearly Q2 of this season and Bitcoin is already dipping rapidly meanwhile I was expecting a high price afterall. But however let's just see it as an opportunity for people to buy more now it's dip, because it will surely recover back to it' normal pace.

You know that BTC price is unpredictable, which anything can happen at anytime for the bear run to get worse or for bull run to hit higher to surprise hodlers in the market. I guess today price is a sign to investors to know that bear market is no longer far from investors, because the price has drop to $77k for investors to get ready for what will happen next before the end of this year.

As the price of BTC is changing in the market, that is how the speculation concerning the price of BTC will be changing too. Even though there will be bull run again, I guess it will be ending of this year 2025, and it will help investors to take more profits before the long bear will take place.

[STT]

I was looking at the wider larger chart for BTC and it seems inevitable we must at least touch the prior pricing of a year ago.  It must be confirmed that prior highs are secure as the lows and the whole area is now support, its too big to move on and ignore as an obvious point of reference for the market longer term.

If this is true we're going to see some prices for BTC more like 69k.  Its not that far away in theory, doesnt have to be a big deal but at least a whistle stop tour of that area seems most probable to me, for balance and strength.
  The best build upwards will come from a secure foundation, its always the danger with a rise without retraction that's in effect unsupported; stay optimistic even downwards can be good base to build later bullish action.

[Renampun]

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.

at this minute, the price of bitcoin is at $77,400, yesterday the price of bitcoin touched $76,700. we all know that the price of bitcoin is very volatile but to be below $70k it will be difficult (although there is a slight possibility) because there has been no major sale or no negative news about bitcoin so there is nothing that can be used as a reference for bitcoin to drop to $70k.

btw, for those who are doing DCA, buying at the current price is a good thing, buy periodically with a stable nominal, and also note the price at which you buy bitcoin, in the next few months or years, you will definitely find that you profit from doing DCA.

[Charles-Tim]

yesterday the price of bitcoin touched $76,700.

The price of bitcoin increased back up fast yesterday which may not let some people know how dip the price was yesterday. Bitcoin fell below $75000 yesterday but it increased backup and later got above $81000 before falling back again.

The problem here now is that $80000 is becoming the resistance. Bitcoin needs to make it to be the support instead.

But you have a good suggestion about DCA. DCA is a good strategy to buy more asset like bitcoin.

[Richbased]

yesterday the price of bitcoin touched $76,700.

The price of bitcoin increased back up fast yesterday which may not let some people know how dip the price was yesterday. Bitcoin fell below $75000 yesterday but it increased backup and later got above $81000 before falling back again.

The problem here now is that $80000 is becoming the resistance. Bitcoin needs to make it to be the support instead.

But you have a good suggestion about DCA. DCA is a good strategy to buy more asset like bitcoin.

The price of bitcoin yesterday really caused tension when the price went down to $75k before it retraced to $80k but still today the price still continues to fall below $80k.
DCA is not a good strategy for now in my own opinion, instead buying the DIP will be the right strategy since we may likely witness more DIPs in the coming days, so one can apply the practice of buying at every DIP price each day till when the price start rising again then the DCA strategy can be applied.

[Nwada001]

Initially I thought Bitcoin may never fall below $75k but seeing Bitcoin market today it drew my attention to this thread. This is just bearly Q2 of this season and Bitcoin is already dipping rapidly meanwhile I was expecting a high price afterall. But however let's just see it as an opportunity for people to buy more now it's dip, because it will surely recover back to it' normal pace.

Only a few people expected this from Bitcoin, although it's normal for the price to fall. Saying you never expected Bitcoin to fall down to $75k is abnormal because anything is possible in the market; just that we expected something positive from the market since it started on good ground. If not for this Trump tariff war, we shouldn't be at this level this soon, but it's definitely going to be over. Either we settle down here or we overcome the pressure that the tariff war is causing.

[Slimzeee]

Currently, as I type, it is at 77k, and it has been fluctuating between the range of 85k and 76k for almost a month. Given the current trend, it seems unlikely to drop below 75k for at least the next couple of weeks. It has shown strong resistance within this range, and I believe that falling below 70k, down to 69k, will be very difficult.

[cryptomaniac_xxx]

Currently, as I type, it is at 77k, and it has been fluctuating between the range of 85k and 76k for almost a month. Given the current trend, it seems unlikely to drop below 75k for at least the next couple of weeks. It has shown strong resistance within this range, and I believe that falling below 70k, down to 69k, will be very difficult.

I didn't see if it drop to $75k, the lowest that I did see is $76k, but in any case, it's closer to what the OP has stated and it seems that we might have fallen below already. So that is scary as just at the start of the year, we are all singing praises for Trump winning and pushing the price to 6 digits.

But with all of his policies like the tariff and all of that, it seems the number reasons why the market is going down in the last 2 months with no sign of recovery or whatever and there are few members that might entertain the idea that we're in the bearish season already.

[traderethereum]

Currently, as I type, it is at 77k, and it has been fluctuating between the range of 85k and 76k for almost a month. Given the current trend, it seems unlikely to drop below 75k for at least the next couple of weeks. It has shown strong resistance within this range, and I believe that falling below 70k, down to 69k, will be very difficult.

We will see what happen but if that is really down to $69k, I would be glad because the big discount price come. People should use that moment to increase their Bitcoin amount because we may not see that low price in the future. If we see the market situation, the price is too volatile and we don't know if the price will be up or down. We could only be careful analyze the price movement and not enter the market if we are not sure with the situation. We can enter the market when the price is not too volatile so we can analyze with right.

[HONDACD125]

Those saying that Bitcoin is dependent on Trump or the US economy and that a decentralized asset shouldn't work that way need to understand that it's not about dependency but it's about supply and demand, and the supply and demand can be affected by anything as long as people react to it. If Trump announces something, people anticipate a drop and start selling, which decreases the demand and hence the price drops. Similarly, if people anticipate a rise, they will start buying and that increases the demand, hence, the price goes up.

There is nothing so difficult to understand in this. Bitcoin work on the supply and demand rule because it has a limited supply and its price is dependent on how much demand there is in the market for it. If there are more sellers than buyers in the market, the price will drop, and if there are more buyers, the price will rise. Simple rules.