Will Bitcoin Plummet to $30,000? Here’s Why Analysts Predict a 72.86% Crash
In the latest bitcoin news, a fresh analysis suggests that Bitcoin could be on the brink of a significant price drop. Shared on social media, the analysis indicates a potential 72.86% decline, projecting Bitcoin’s price to fall as low as $30,000. This prediction draws on the historical price behaviors observed in previous market cycles.
Bitcoin’s Weekly Structure: A Key Indicator
On the weekly candlestick chart, Bitcoin has shown a pattern of higher highs and higher lows since 2018. This trend has resulted in repeated interactions with a rising resistance trendline that has marked every major cycle peak. Notably, Bitcoin tends to rally into this upper boundary during bull markets, only to face rejection as momentum wanes. This has been evident in past cycles, including the peaks of 2017 and 2021.
Current Market Dynamics: A Possible Correction Ahead
Recently, Bitcoin climbed to new all-time highs in October 2025 but failed to hold above the critical trendline, leading to a correction of about 30%. Presently trading below $90,000, the technical outlook suggests that the current pullback may not be over. This introduces the possibility of a deeper correction, potentially extending further.
Historical Context: Lessons from Past Declines
Examining previous bear markets provides insight into potential future movements. After the 2017 cycle, Bitcoin experienced a substantial drop of nearly 85% from its peak. In the 2021 cycle, Bitcoin declined by approximately 77% before stabilizing near the lower boundary of the broader rising channel. Based on the current setup, a similar decline of about 72.86% could bring Bitcoin’s price down to around $30,000.
Differing Perspectives: Optimism Amidst Bearish Sentiments
While the analysis points to a possible crash, alternative interpretations provide a more optimistic outlook. According to aggregated insights from various sources, the likelihood of Bitcoin falling into the $30,000 to $40,000 range is estimated between 15% and 25%. Many analysts foresee higher price floors, often above $50,000, with some long-term projections exceeding $200,000.
Long-Term Projections: The Road Ahead
Prominent figures in the crypto space remain bullish on Bitcoin’s future. Predictions from influential voices suggest potential highs of $200,000 to $250,000 by 2026. These forecasts highlight the divergent views within the market and underscore the unpredictable nature of cryptocurrency prices.
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In conclusion, while the possibility of a significant Bitcoin correction looms, varying perspectives offer a broader view of the market dynamics. As the cryptocurrency landscape evolves, staying informed and considering diverse analyses will be crucial for navigating future price movements.
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