Drop to $68,000 before surging to $125,000? Analyst Daan Crypto Trade’s long-term Bitcoin outlook is grim: the road to new highs may first involve a sharp plunge. This isn’t a statement of fact, but a possible scenario he has forecast based on market structure—one bulls should think through in advance.
Here’s what happened. Bitcoin had briefly fallen below the $80,000 mark before rebounding to around $82,000. According to reports, analysts are watching the $84,000 level as a key resistance point for a short-term recovery: if Bitcoin can’t break through, the rebound remains just that; if it moves above it, market sentiment may have room to recover. Daan Crypto Trade believes this latest dip swept up liquidity below the market while holding above the daily close. That’s why he stresses waiting for candle-close confirmation: an intraday wick doesn’t count; what matters is whether the price can hold at the close.
The key disagreement comes next. His long-term scenario is that Bitcoin could first fall toward $68,000, then go on to challenge a target near its 2025 all-time high, around $125,000. In other words, in his forecast, a steep drop is not the bearish end point but a move that comes before a rally. The report also cautions that although the price has rebounded by about $2,000 after falling below $80,000, the risk of another deep pullback has not been fully eliminated.
How should we interpret this view? First, it reverses the sequence most people expect: pain first, then gains—not a steady climb. Second, it gives short-term traders a line to watch: until resistance at $84,000 is broken, chasing the rally may not be worth the risk. Third, it warns leveraged traders that if the $68,000 scenario plays out, the volatility along the way could force highly leveraged positions out before the long-term target comes into view. A forecast is only a forecast; whether it materializes still depends on whether the price can hold key levels and on subsequent closing-price confirmation. Do you find the scenario of a steep drop followed by a rally more convincing, or do you think the pullback is already over?
(Source: CryptoPotato)
⚠️Risk disclaimer: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; proceed with caution.