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Market on alert: Bitcoin could fall to US$70,000 before rising again
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Bitcoin achieved its best performance in history, surpassing the US$100,000 mark and approaching US$110,000. However, In the last days of the year, cryptocurrency has not been able to regain its upward trend and continues to fluctuate between US$ 90 thousand and US$ 98 thousand.
This difficulty left some analysts are pessimistic about the token in the short term, despite long-term expectations continue to put Bitcoin on the rise.
It brought analyst Ali Martinez, popular on social media for sharing graphs and investment tips in digital assets. There he published a compilation of renowned analysts who share the same view that BTC has entered a negative parabola.
One of them is Tone Vays, educator and master in Financial Engineering. With more than 290 thousand followers on X and experience on Wall Street, Tony recorded a video explaining why Bitcoin costing less than $95,000 is bad news. According to the financial educator and derivatives trader, the data indicates that the token could drop to $73,000what he called opening Pandora’s box.
Analysts give their opinion on the future of Bitcoin
In addition to him, Peter Brandt, an experienced commodities investor with more than 760 thousand followers on X, made the same observation. In a publication on December 20th, the trader shared the volatility chart in December and highlighted that the cryptocurrency could return to around US$70,000.
However, despite believing in a drop of around 30% in the asset, Brandt responded to a follower, highlighting that he still believes BTC will reach US$135 thousand. This reinforces the prediction he made in October, when he targeted a price of US$135,000 for Bitcoin between August and September 2025.
Another analyst who also believes in Bitcoin’s short-term decline is Tom Lee, CIO and director of research at Fundstrat Capital. In an interview with SkyBridge’s Anthony Scaramucci, the investor declared that he believes that by the end of 2025 Bitcoin will be priced at US$250,000.
However, he reinforced that the company’s technical analyst, Mark Newton, believes the price will fall to US$60,000 before rising again. The opinion is similar to that of the founder and CEO of the ITC newsletter, specializing in cryptocurrencies, Benjamin Cowen. He also said he expects BTC to fall to around $60,000, reflecting the decline in the QQQ index.
Furthermore, Ali Martinez himself shared arguments indicating that the BTC should be back trading at US$70,000 soon.
Among the arguments presented by Ali is the fact that Bitcoin is within critical support that varies between US$97,041 and US$93,806. To reverse expectations, BTC would need to return to the US$100,000 range. If it does not stay within this range, it will subsequently fall to the support level of $70,000.
Market on alert: Bitcoin could fall to US$70,000 before rising again
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Market on alert: Bitcoin could fall to US$70,000 before rising again
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Market on alert: Bitcoin could fall to US$70,000 before rising again
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Market on alert: Bitcoin could fall to US$70,000 before rising again
