Summary
- Experts say Bitcoin could fall to $70,000, describing this as a natural correction.
- Ilya Kalchev stated this could become the foundation for Bitcoin's continued rise.
- A potential Bitcoin rebound may occur depending on liquidity provision from central banks worldwide.
Experts claim that while Bitcoin (BTC) could fall to $70,000, this is merely a natural correction.
On the 11th (local time), Aurelie Badea, a Nansen analyst, told CoinTelegraph in an interview, "Due to tariff uncertainties and fiscal tightening effects, Bitcoin could drop to $71,000-$72,000," but added that "this is just a natural macroeconomic correction." She further noted that Bitcoin is still in a correction phase within a bull market.
Ilya Kalchev, a Nexo analyst, also predicted that "Bitcoin could fall further to reach the low $70,000 range," but suggested that "this could form the foundation for Bitcoin's continued rise in the future."
Earlier, Arthur Hayes, co-founder of BitMEX, expressed a similar opinion. He stated via X that "Bitcoin will form a bottom around $70,000," adding that "a 36% drop from the all-time high is a completely normal movement." He further implied that if central banks around the world provide liquidity, a rebound could occur later.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
