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