Current Date:March 16, 2025

When will Bitcoin be a bottom? Experts shared their predictions

Bitcoin has lost 30 %since the $ 108,000 summit on January 20, and fell to $ 76,700 on March 11th. While panic sales in the crypto market gained momentum, analysts emphasize that there are similarities with previous bull cycles.

Where is the footpoint for Bitcoin?

Crypto Analyst Rek Capital examined Bitcoin’s corrections in past bull markets and shared important data. The withdrawals in 2017 are 35 %and 37 %in 2021.

If Bitcoin experiences a similar withdrawal in this cycle, the price seems to be likely to fall to $ 70,000. Experts say that such corrections are a natural part of the bull markets and that investors should not panic.

Patience most important strategy

Arthur Hayes, Founding Partner of Bitmex, predicted that Bitcoin could fall up to 70 thousand dollars in a statement at the end of February. Hayes, in a new statement on March 10, reiterated his prediction and said that large funds have evacuated ETF positions.

Hayes, to investors “Be patient”He called for a 36 %correction was quite normal for bull markets. He added that the market will recover with the changes in the monetary policies of the central banks.

Economic Uncertainty and Bitcoin

The fears of recession in the market have led to large -scale sales in crypto and technology shares. While the S&P 500, Nasdaq and Dow Jones indices lost significant value, the total market value of technology companies melted 750 billion dollars a day.

JPMorgan, one of the leading Wall Street banks, has increased the probability of recession for 2025, while the US economy has reduced growth forecasts. While economic recession concerns make investors uneasy, it is observed that the exit from risky assets continues.

Expectation of recovery in Bitcoin and markets

Ark Invest CEO Cathie Wood said that the market has reached the final stage of economic stagnation and that it will provide more flexibility to the US government.

According to Wood, this process can allow central banks to make more monetary expansion. In such a scenario, the recovery process in Bitcoin and general markets is expected to begin in the second half of 2025.

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