Bitcoin is only left with one last drop before it crosses out of the bear market and enters an upward phase. Unless something unexpected happens, it will be very hard to see Bitcoin again below $30,000.
Where does the “Bitcoin only has one last drop left” viewpoint come from?
1. From the 2022 bear market: the Fed keeps hiking rates → market liquidity keeps tightening → a chain of collapses hits, including Three Arrows, Terra, and FTX → the final wave of panic triggers indiscriminate selling, completing the bear market’s ultimate sell-off. After the last risks are cleared out, the market bottoms and starts a new bull cycle.
2. At the end of the rate-hike cycle, high leverage and hidden debt risks in the crypto industry will surface. This time, it’s MicroStrategy; the sector’s credit black swan event is the “last drop.”
3. In other words, what we often call “bad news fully washed out” is when the rebound begins.
Why is it hard to see Bitcoin below $30,000 again?
In the previous bull market, a large amount of capital built positions, and institutions positioned themselves in the 30,000–40,000 range. This became a unified psychological anchor for the market. It’s not easy to break through; if it really does drop that far, it’s likely because bargain-hunting capital will concentrate and buy in.
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