Key Takeaways
- Bitcoin suffered a fresh price decline last week toward $86k, as the price could see further declines.
- Crypto experts and traders hint at a possible market crash if BTC fails to defend its key demand zone at $80k.
- Bitcoin’s technical indicators and price signal short-term bearish weakness, as the price continues to trade in a range with significant uncertainty.
Was 2025 just a mirage for the crypto market, despite Bitcoin (BTC) hitting a new all-time high near $126k? The price failed to build on strong market sentiment and momentum to the upside, and it has suffered more market crashes towards $80k.
While price has crashed towards $80k, traders and investors are of the opinion that the market could see a rebound to the upside, as this indicates the market wanted to grab more liquidity to the upside, but things haven’t been as anticipated, as the market faces more uncertainties of a potential market crash lower.
Crypto traders have shared different opinions on market price action, with many believing the bottom could be in, given that the price has traded in a range for some time now. However, current price action for the crypto asset suggests bears are dominating, as bulls struggle to resume upside momentum.
Crypto Market Sentiment Around BTC
According to crypto expert Ran Neuner, 2025 could have fooled many traders, as the bull market could be 2026, considering market data around BTC, ETH, and SOL all indicate the market stalled, struggling to rally higher despite reaching a new all-time high, as the crypto expert hinted that the data from Tradingview is evidence of the market struggling.
He further suggested that the market has a better chance of rallying in 2026, as he expects the bull market to continue to the upside. While market expectations remain high, crypto’s anonymous trader, PlanB, has a different view of BTC’s price over the coming weeks and months.
PlanB’s previous speculation was that BTC’s price could rally to $260k before the year ends; however, the crypto expert has said the price could crash to $57k, as its weekly EMA suggests the market could see more crashes.
If this turns out to be the case, based on his market observations, we could see the market struggle in the coming weeks ahead of year-end.
FAQs
Will BTC go back up?
The price of Bitcoin crashing to its yearly low of $80k has raised concerns among crypto traders who are not convinced of the price action as price continues to trade in a range.
Why did Bitcoin crash now?
The crypto market crashed due to market uncertainties and a shift in sentiment from bullish to bearish, as BTC trades with extreme caution.
Is BTC expected to rise or fall?
The price of Bitcoin is attempting to rebound from its key support zone of $90k as it aims for a short-term price gain towards $107k.
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