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

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JH Kim
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  • 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.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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.

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