The post Bitcoin Price Prediction: Is a Direct Drop to $75,000 Next? appeared first on Coinpedia Fintech News
Bitcoin is at a crucial stage on the higher time frame charts. The broader structure still allows one final dip before a more stable base is formed. This aligns with earlier projections for early 2026, where prices were expected to make another low before any sustained recovery begins.
At current levels, Bitcoin may still revisit recent lows, with the $75,000 area emerging as an important zone to watch. Such moves are often seen near the end of corrective phases, where prices briefly fall lower before finding support.
What the Charts Are Signalling
Bitcoin remains close to levels that have historically marked important market bottoms. The Relative Strength Index (RSI) on this timeframe is nearing zones last seen during major downturns, suggesting selling pressure has already done significant damage.
On the daily chart, RSI has already moved into deeply stretched territory. In past cycles, similar conditions often appeared near points where prices later bounced. While this does not confirm an immediate recovery, it indicates that downside may be becoming limited.
Short-Term Levels That Matter
Despite a small rebound, analysts say Bitcoin has not yet confirmed a clear low. The recent move higher still looks like a short-term bounce rather than a full trend shift.
A first positive signal would be a sustained move above $80,000, followed by higher lows. A stronger confirmation would come if Bitcoin manages to break above $84,500, which could open the door to a broader recovery phase.
What Happens If Support Breaks
If Bitcoin fails to hold current support levels, another drop remains possible. In that case, the market could slide toward $75,000 before finding stronger buying interest. This zone is being closely watched as a potential area where prices could finally stabilise.
Source: https://coinpedia.org/news/bitcoin-price-prediction-is-a-direct-drop-to-75000-next/
