Crypto

Charting Bitcoin’s Lowest Point: Potential Depths Before Recovery

Insightful Forecast: Bitcoin’s Bearish Trend Suggests Further Declines

At the forefront of cryptocurrency discussions, seasoned analysts and industry-leading editors contribute their expertise to deliver trusted content. However, an emerging concern has caught the attention of crypto enthusiasts: Bitcoin (BTC) might be on the brink of further depreciation. A prominent crypto analyst has highlighted a stark warning, predicting that Bitcoin’s current market trajectory is predominantly bearish, with expectations of the price dipping below $30,000 before any potential rebound.

Bitcoin’s Bear Market Resurgence: A Reflection of 2022

Renowned crypto market analyst, Jussy, recently unveiled a fresh Bitcoin chart analysis on X. His insights caution that Bitcoin’s market may not have bottomed out yet. The presented chart draws parallels between the current weekly structure and Bitcoin’s 2022 cycle, revealing strikingly similar price movements post a double top formation and subsequent bear flag, which previously led to a substantial breakdown.

Advertisement Banner

In 2022, Bitcoin initially formed a double top near the upper resistance level above $60,000. This was followed by a rejection from the rounded top structure, initiating a prolonged downward trend. The subsequent sharp breakdown led to a three-week consolidation phase that manifested as a bear flag pattern. This consolidation served as a temporary pause before a bearish continuation ensued, with BTC experiencing a dramatic 38.96% fall from the bear flag range. As a result, the final downward trajectory wiped out approximately $11,095, positioning the price within a long-term support zone where the market eventually stabilized ahead of a recovery.

Intriguingly, Jussy suggests that the current Bitcoin cycle is mirroring the 2022 bear market structure with remarkable precision. The chart’s right section indicates that BTC formed a similar double-top pattern above the $120,000 region in 2025, only to undergo a steep decline. This correction forced the price below the critical horizontal level near $74,321, a level that previously served as support.

Following this downturn, Bitcoin entered a consolidation phase that closely mimicked the 2022 bear flag. The downward-sloping structure signifies significant price compression subsequent to the initial large wick to the downside. According to Jussy, Bitcoin is currently in the third week of this consolidation window, mirroring the timeline when the 2022 market experienced its final price plummet.

Projecting Bitcoin’s Bottom

Utilizing the same percentage downturn from the 2022 breakdown, Jussy forecasts how low Bitcoin’s price might fall before initiating a substantial recovery. His analysis indicates that BTC has already embarked on its descent from the bear flag pattern, initially crashing below the $100,000 mark and now trading near $65,000.

The analyst anticipates another corrective move of roughly 38% from the previous support level around $74,320, potentially driving Bitcoin’s price down to about $46,199. The blue line below this zone on the price chart represents Bitcoin’s ultimate downside target. Jussy foresees an even more profound decline to $28,301, predicting this as BTC’s price bottom before any significant recovery can occur.

Editorial Excellence

The editorial process at Bitcoinist is dedicated to delivering thoroughly researched, precise, and impartial content. We adhere to stringent sourcing standards, and each page undergoes meticulous review by our team of leading technology experts and experienced editors. This rigorous process ensures the integrity, relevance, and value of our content for our dedicated readers.

Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button