📉 Current market situation
Strong price drop
🔹 Bitcoin's price has dropped to new lows compared to the last quarter of 2025, falling to around $63,000 – $70,000 after being above $120,000 in October 2025 — a loss of nearly half its value since its peak. �
The Guardian +1
🔹 In recent weeks, the market has seen a significant wave of selling in cryptocurrencies and profit-taking, which has heavily pressured BTC. �
The Times of India
📊 Influential fundamental factors
1) Declining investor sentiment
Liquidity outflows from Bitcoin ETF funds, which puts bearish pressure on the price.
AP News
Negative reaction to regulatory policies and increased scrutiny from financial authorities.
The Guardian
2) Institutional losses
Companies holding large amounts of Bitcoin like Strategy (formerly MicroStrategy) recorded massive losses, affecting overall market sentiment.
Wall Street Journal
3) Traditional markets and macro news
Stock market movements may support or hinder BTC; in some sessions, we saw synchronized rebounds that gave Bitcoin some strength.
AP News
📈 General technical analysis
Short/medium-term trend
📉 Overall, the current trend is bearish:
The price is trading below key levels and support after breaking through strategic support levels.
Gate.com
There is clear selling pressure with volatility in resistance and support levels.
Key levels
🔹 Potential strong support: around ~72,000 – 75,000 dollars.
🔹 Major resistance now: ~74,000 – 77,000 dollars and above — maintaining above this could indicate a rebound.
Gate.com
Gate.com
🧠 Investor analysis and general sentiments
Market sentiment
🔻 There are fears and turmoil in the market, especially among retail traders who see the movement as unclear and highly volatile.
🔹 Some see accumulation at lower levels as a signal for building a price base that could lead to a later reversal.
📌 But it’s not guaranteed, and the market remains sensitive to news between support or further declines.
🎯 What could happen next?
Possible scenarios
📌 Bearish scenario (most likely in the short term):
Continued selling pressure with breaking additional supports could push the price to test lower levels before any rebound.
Levels like 60,000 dollars or lower could be tested if market sentiment declines.
📌 Bullish scenario (requires positive data):
Strong support around 70,000 – 75,000 and stability above it.
Huge positive news like the entry of new institutions or strong inflows into BTC ETFs.
If the resistance above ~80,000 dollars is broken, the trend may shift towards higher levels.
🧠 General forecasts
📍 In the short term: Likely bearish with high volatility
📍 In the medium to long term: There is still potential for a reversal or possible rise, but it needs strong catalysts and broader institutional support.