💥🚨 Bitcoin's ($BTC ) Decline: How Long Will It Last? Analysts Share Insights! 🚀📉
Despite open support from US President Donald Trump, Bitcoin has seen a sharp drop, crashing to $98,900 levels. 🫣 This downturn also hit the broader crypto market, driven by the launch of DeepSeek R1, which shook the AI sector and caused AI-themed tokens to tumble. 🤖💸
As the FOMC meeting approaches, investors are on edge 😟, wondering how much longer this decline will last and what levels BTC might test. Here’s what top analysts are predicting:
🔍 AlphaBTC: "Bitcoin Looks Weak!"
The pseudonymous analyst pointed out on X that BTC is currently struggling. 💔 Breaking the $100,000 support could lead to a plunge below $90,000. However, if bulls 🐂 regain $100,000, we might see a recovery soon.
> “BTC and TradFi futures have been selling off all night. Bitcoin is looking really weak as we start a new week. The big question: Can BTC reclaim $100,000, or will it drop below $90,000 again?”
🛑 Michael van de Poppe: "Stay Calm, Don’t Panic!"
Van de Poppe reassured investors, calling the sell-off a short-term panic reaction. 😌 He sees the $99,000-$98,000 range as a good buying opportunity for BTC. 💰
⚠️ However, he warned that if bulls fail to take control, the price could dip to $89,500-$91,500.
💥 Arthur Hayes: BTC Could Drop to $70,000 Before Soaring!
The BitMEX co-founder issued a bold prediction 🗣️, stating that Bitcoin might fall to $70,000-$75,000, potentially triggering a mini financial crisis. 🌪️ But on a bullish note, he believes BTC could skyrocket to $250,000 by the end of the year! 🚀🔥
👉 Key Levels to Watch:
Immediate support: $98,000-$99,000 ✅
Critical support: $89,500-$91,500 ⚡
Worst-case drop: $70,000-$75,000 😱
Stay tuned for more updates, and remember, volatility = opportunity! 💎🙌