The post What if BTC Crashes to $85,000? appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) price today trades at $104,559.0 on 12 PM. BTC price hit a daily high of $107,006.0 today after a -0.75% move on January 25. But this expert and popular crypto analyst is forecasting a potential BTC price crash to $85,000, not in August, but in April. Will such a crash occur? What could happen to crypto markets in this scenario? Bitcoin Price Today is Crashing. Why? Bitcoin price today is down -0.75%, continuing the rangebound movement it began on January 19. In this sideways movement, BTC has experienced massive volatility that created an all-time high (ATH) at $110,000 with no significant progress. Currently, BTC price trades at $104,559.0 above the $102.2K to $92.7K range. Hence, the reason for the recent downtick in BTC is the ongoing consolidation. But if there’s a crash, how low can the price go? One expert analyst poses a “what if” question, pushing investors to think what would happen if Bitcoin crashed to $85,000. *bitcoin price updated as of 12 PM. Will Bitcoin Crash to $85,000?  Popular analyst Ansem’s Bitcoin price forecast on X notes a potential crash to $85,000 in April instead of August 2025. “many are saying august reminder, but what if its, april reminder” The expert points to Bitcoin’s April 2024 price action, which suggests a potential crash to $85,000. Based on this fractal, Ansem opens up the possibility of the April 2024 fractal repeating history in April 2025. BTC/USD 4-hour chart From a technical standpoint, it makes sense for Bitcoin to crash below $85,000. This move would sweep the sell-side liquidity resting below $90,000. A clear support level below $90K would be around $85,000. Does On-chain Metric Support a Crash? The 30-day Market Value to Realized Value (MVRV) ratio shows that it is currently in the danger zone. This zone…

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Filed under: News - @ January 25, 2025 1:22 pm