For Bitcoin, is the dip 70 thousand or 50 thousand dollars? What do famous analysts say?

Market experts, Monday, the price of $ 80,000 after the price of Bitcoin’s potential bottom proposed various scenarios. These Bitcoin estimates are based on different perspectives such as historical models, macroeconomic factors and technical analysis.

Where will Bitcoin find the bottom?

Arthur Hayes, the founding partner of Bitmex, believes that Bitcoin will make a bottom of $ 70,000. Hayes’s argument is based on historical tendencies showing that Bitcoin typically decreased from the highest level of all time during a bull cycle. In this context, Hayes said, “Be patient. BTC probably makes a dip of around 70,000 dollars. A 36 %correction of 110,000 dollars of ADH, which is normal for a bull market,, ”he says.

Hayes, who draws the outline of a more detailed strategy, advises investors to seek signs such as the collapse of the stock market, the bankruptcy of a large traditional financial institution, and the central banks such as FED, PBOC, ECB and Boj injecting liquidity. When these conditions come to the same time, he believes that the time to allocate capital will come. Hayes also predicts that Bitcoin, which is fed by the liquidity injections of the FED, can increase at least ten times from the bottom level.

According to Michaël Van de Poppe, Bitcoin has already seen the bottom!

Michaël Van, the founder of Mncapital, has a more optimistic perspective. He believes that Bitcoin has already hit the bottom and will recover with a double -bottomed model. In this respect, the analyst said, “The double bottom was re -tested in Bitcoin, and finally a relatively rapid jump took place upwards. I want to see the break of $ 82,500 – 83,500 dollars. If this happens, we will see an even stronger movement upwards, or he says.

Bitcoin Price Dip Scenario. Source: Michaël van also poppe

Some do not ignore the possibility of a deeper fall!

While recession concerns in the United States are increasing, some analysts are preparing for the worst scenario that Bitcoin will fall further. Investor Doctor Profit warns that such an event could become a “black swan ve in 2025 and reduce Bitcoin up to $ 50,000. Analyst Bitcoin Entrance – Stagnation Scenario. Orders have been identified, we are preparing to hunt the wicks, ”he interprets.

Bitcoin price stagnation scenario. Source: docktor profit

Adaora Favor Nwankwo, one of Coinex’s ambassadors, shares Doctor Profit’s views. He also says that Bitcoin’s price orbit is closely dependent on economic indicators and that the upcoming CPI can significantly affect the movement of the data. In this context, Nwankwo said, “Here is a possible scenario: If a recession occurs, Bitcoin’s maximum potential decrease is around $ 50,000. If there is no recession, the lower price range is expected to be between $ 70,000 and $ 75,000. ” says.