"Bitcoin (BTC) Could Drop to $60,000 Before Bullish Rebound Next Year"

Source
JH Kim

Summary

  • BeInCrypto reported that Bitcoin could drop to $60,000 in the short term.
  • Analysts predicted that Bitcoin could fall to $60,000 before a bullish rebound in 2025.
  • It was stated that if Bitcoin's key support range collapses, it could plummet to $70,000.

On the 27th (local time), the cryptocurrency specialist media BeInCrypto reported, citing statements from multiple analysts, that Bitcoin (BTC) could potentially drop to $60,000 in the short term.

Analysts pointed to the current weak momentum as the reason, predicting that Bitcoin could fall to $60,000 before a bullish rebound in 2025.

Currently, Bitcoin's key support range is between $93,800 and $97,000, and if this range collapses, it could plummet to $70,000.

JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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