The post Bitcoin Crash Incoming? Why Experts Say $65K Is Possible appeared first on Coinpedia Fintech News
Bitcoin is under pressure, dropping to $81K as market uncertainty rises. After hitting $88K earlier this week, it’s now facing heavy selling, mirroring stock market turbulence after Trump’s tariff announcement. The altcoin market has taken a $50 billion hit, with ETH, SOL, and BNB struggling while DOGE and TRX show slight recovery. Bitcoin is currently at $82K with a $39.45 billion trading volume, and all eyes are on whether it can hold or slide further.
Right now, Bitcoin is at a critical position, and the next few days could set the tone for its next big move. If it holds strong, $75,000 is within reach, and altcoins might follow with their own surges. With the macro outlook improving and market sentiment turning positive, things are looking promising. Now, it’s a waiting game to see how the market responds. Here’s one analyst who points out key levels to watch!
Analyst Predicts Bitcoin’s Next Move
Michael van de Poppe, a well-known crypto analyst, has laid out some key insights into Bitcoin’s current price movement. The leading cryptocurrency is hovering around $70,000, but Poppe believes this is just a warm-up. He’s eyeing an upward move to $75,000, but before that, Bitcoin needs to hold above the crucial $68,000 level to keep its bullish momentum intact. If it slips below that, we could see a dip to $65,000 before another strong rally.
Van De Poppe isn’t just looking at Bitcoin only; he’s also considering the wider market. With traditional financial markets showing signs of strength and liquidity flowing into risk assets, crypto could benefit. The recent slowdown in inflation and expectations of potential interest rate cuts in the coming months might give Bitcoin the push it needs. In short, macroeconomic conditions are aligning in favor of crypto.
Are Altcoins Ready to Bounce Back?
Meanwhile Van De Poppe is also optimistic about altcoins. With BTC consolidating, altcoins might soon catch up. He sees a window of opportunity where money shifts from Bitcoin into altcoins, sparking a fresh rally. Ethereum is one to watch, especially with key developments like ETF approvals and increasing institutional interest. The altcoin season isn’t here yet, but the groundwork is being started for a major breakout.
What Should Traders Do Now?
For traders and investors, Van De Poppe suggests patience. If Bitcoin holds above $68,000, it’s a sign that momentum is intact, and buying on dips could be a smart move. If BTC dips to $65,000, it could present a golden buying opportunity before the next leg up. Meanwhile, keeping an eye on strong altcoin projects could pay off as the market rotation kicks in.
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FAQs
As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046 this year if the bullish sentiment sustains.
With increased adoption, the price of 1 Bitcoin could reach a height of $610,646 in 2030.
As per our latest BTC price analysis, Bitcoin could reach a maximum price of $5,148,828.
