Bitcoin Price under $80k and alts crash soon ?

[Bobcrypto]

The price of Bitcoin is slowly falling though not very fast.  But the alts are declining very fast. Recently Bitcoin price took a big down and recovered from $91k to 101k. But since then no major movement of bitcoin is seen but slowly bit by bit the price of bitcoin is decreasing. Today it was down from $100k again to $95k. Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin?  How is your prediction for Bitcoin in this situation?

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

Regarding alts, they've been bleeding already, most of them haven't seen a new all time high, as compare to Bitcoin which hit it many times already. For Bitcoin, it's possible that we might go further to $80k'ish if there will be negative news.

So far $90k is still a strong support. But if it goes down $80k or even $70k then it's time to scope Bitcoin again and buy more, as much as you can. I'm not going to be worried because I'm still seeing that we will go on a massive bull run before the end of the year.

Yeah, there is hope for massive bull run in 2025, probably towards the end of this year. I am not seeing Bitcoin going down below $89k before another bullish momentum, however anything can happen on the market, there could be bad news that may send the market crashing beyond expectations.
As for altcoins market, there seems to be no hope for many altcoins to break out from bitcoin dominance, and many of them has experienced "New Lows" due to bitcoin dominance over the last five months. I am still hoping that altcoins season will come before the end the year.

[nomenclatur]

Will this happen in the near future or later if it starts to enter a real bearish period? Because what is expected now is that the market will recover and BTC can really reach its ATH again, and can reach at least more than $ 120k. However, this is still something that cannot be predicted accurately. Yes, because there are still many investors who can cause the market to change very quickly.

Look at the news about future events market conditions will be bearish. Little by little, it will go down when bad news appears this will impact the price of Bitcoin again. There are many causes that can lead to a price drop. If bad news occurs repeatedly, it's just a matter of a few months before Bitcoin's price drops drastically. If many investors come in, it will continue to push up the price.

[Crypto Library]

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

I have also same kind of thought before but right now I am not worried about the dump rather than I think it would be better for me because when market goes for dump that's means people who have can't control themselves those will just feed the whale by selling their bitcoin and that's means when whale are eating from the market,, there is something big is coming specially in this current situation.

And when bitcoin will goes for up that's means altcoins will also goes for up and most probably this pump will lead them altcoin season?

[dave_strider]

Look at the news about future events market conditions will be bearish. Little by little, it will go down when bad news appears this will impact the price of Bitcoin again. There are many causes that can lead to a price drop. If bad news occurs repeatedly, it's just a matter of a few months before Bitcoin's price drops drastically. If many investors come in, it will continue to push up the price.

Also, look at the Bybit being hacked.
It also may be a reason for some panic selling on the market that we are currently witnessing.

[Bobcrypto]

Yes, I think the Bybit exchange is currently affecting the market price, and there may be panic sellers dumping the price. There is huge supply entering the market with demand zone at between $89k to $85k price level. As traders/investors, it is good to closely watch the market to take a buy position.
Moreover, there are short term investors taking advantage of the situation to buy more, an it very obvious from different CEX exchanges trading volumes for about 24hour running. In fact, trading volumes has been increasing, a clear sign of Bitcoin accumulation in my opinion, it is an opportunity to buy the dip, and i hadlve added some amount of tokens to my wallet.

[Findingnemo]

Yes, I think the Bybit exchange is currently affecting the market price, and there may be panic sellers dumping the price. There is huge supply entering the market with demand zone at between $89k to $85k price level. As traders/investors, it is good to closely watch the market to take a buy position.
Moreover, there are short term investors taking advantage of the situation to buy more, an it very obvious from different CEX exchanges trading volumes for about 24hour running. In fact, trading volumes has been increasing, a clear sign of Bitcoin accumulation in my opinion, it is an opportunity to buy the dip, and i hadlve added some amount of tokens to my wallet.

It happened couple of days ago then why the hell the news is affecting the market now, I can't able to connect the dots cause ETH is what supposed to be affected not the Bitcoin.

Anyway it's another opportunity to buy Bitcoin for cheaper, people who been doing DCA don't lose your hope the price will be back to green in matter of days.

[Metha Wulandarin]

It seems that all predictions about the altcoin season are being disproven with the significant decline in Bitcoin's price. Right now, Bitcoin is already below $90K, almost reaching $85K. If Bitcoin drops below $80K, I think the bearish season has begun, and it looks like the altcoin season will be postponed.

[Faisal2202]

Yes, I think the Bybit exchange is currently affecting the market price, and there may be panic sellers dumping the price. There is huge supply entering the market with demand zone at between $89k to $85k price level. As traders/investors, it is good to closely watch the market to take a buy position.

You are right, currently market is dumping and alts are really dumping more and we can pick them at very lower rates I picked AVAX at 36 now it is at 23 I guess well If I had some funds I would still buy it and maybe some link or ena NFA so DYOR.

Point is there is so much in the market right now which I want to buy even if I have to wait for another cycle I will wait because it is a good opportunity but I am out of funds now and TBH I might not risk more in alts too even if the chances of making profit are more.

[omori]

It seems that all predictions about the altcoin season are being disproven with the significant decline in Bitcoin's price. Right now, Bitcoin is already below $90K, almost reaching $85K. If Bitcoin drops below $80K, I think the bearish season has begun, and it looks like the altcoin season will be postponed.

I wouldn't say it would start, only if it holds off long enough to install a new sentiment in motion.
 

[vegasus]

Will this happen in the near future or later if it starts to enter a real bearish period? Because what is expected now is that the market will recover and BTC can really reach its ATH again, and can reach at least more than $ 120k. However, this is still something that cannot be predicted accurately. Yes, because there are still many investors who can cause the market to change very quickly.

The market and BTC DOM factor are still big, I think, so we would move sideways till, eventually, the factors that are holding the market currently would go away and BTC would propel forward due to reserves and many investors pushing the idea of BTC taking a bigger role overall.

Actually, right now, we are actually moving more to the downtrend market. Whether the BTC price crash followed by altcoins will end safely in this period. because some still believe that the uptrend market will return to its bullish peak. but if you look at the current conditions, the market is really red, and the BTC price has also dropped very badly. Just look at the graph diving down. And once again, we can only surrender to the existing conditions.

Everyone hopes that bitcoin will be able to rise again and that is natural, because until now altcoins have not shown significant improvement and are still waiting for bitcoin's movement.

Yes, it is very natural. Every person who invests in Bitcoin certainly wants the profits that exist, only when the market trend is very bright and many experts are predicting market sentiment, well, there is nothing to worry about if we really believe in the market conditions that may rise again after this big crash.

[Baofeng]

The price of Bitcoin is slowly falling though not very fast.  But the alts are declining very fast. Recently Bitcoin price took a big down and recovered from $91k to 101k. But since then no major movement of bitcoin is seen but slowly bit by bit the price of bitcoin is decreasing. Today it was down from $100k again to $95k. Is this just a Bitcoin correction or will we see a gradual decline in Bitcoin?  How is your prediction for Bitcoin in this situation?

Will all alts crash in a bitcoin situation? or is everything a major price correction for something big to happen?

Regarding alts, they've been bleeding already, most of them haven't seen a new all time high, as compare to Bitcoin which hit it many times already. For Bitcoin, it's possible that we might go further to $80k'ish if there will be negative news.

So far $90k is still a strong support. But if it goes down $80k or even $70k then it's time to scope Bitcoin again and buy more, as much as you can. I'm not going to be worried because I'm still seeing that we will go on a massive bull run before the end of the year.

Yeah, there is hope for massive bull run in 2025, probably towards the end of this year. I am not seeing Bitcoin going down below $89k before another bullish momentum, however anything can happen on the market, there could be bad news that may send the market crashing beyond expectations.
As for altcoins market, there seems to be no hope for many altcoins to break out from bitcoin dominance, and many of them has experienced "New Lows" due to bitcoin dominance over the last five months. I am still hoping that altcoins season will come before the end the year.

We've seen lowest low right now as the price tumbled to $84k, so as I have said, another opportunity to buy as we are still in the bull run although the short term sentiments is that of a bear market as the price tumbled from $109k to $84k.

For altcoins, if Bitcoin is bleeding for sure they are in the worst condition right now as investors are pulling out their money in the market because of the negative news around like Trump imposing fresh tariffs at 25%.

[yohananaomi]

It seems that all predictions about the altcoin season are being disproven with the significant decline in Bitcoin's price. Right now, Bitcoin is already below $90K, almost reaching $85K. If Bitcoin drops below $80K, I think the bearish season has begun, and it looks like the altcoin season will be postponed.

This week everything is bloody because the movement of bitcoin is beyond predictions, it can continue to fall. Will what you say really be proven about the altcoin season? It could happen, but it also could not and there will always be two different sides, and we must remain confident that this is a decline because there is a trigger that is beyond all predictions.
In my opinion, there will be no bear season yet. This is just because there is a trigger factor, and it could increase again, and the altcoin season will still come.

[TomPluz]

It happened couple of days ago then why the hell the news is affecting the market now, I can't able to connect the dots cause ETH is what supposed to be affected not the Bitcoin.

I was thinking of the same thing: how come Bitcoin is severely affected by the enormous Bybit hack when it was ETH that got moved with the heist but then again what is happening is the market's response to the news and it does not matter what coin was lost in fact almost all coins and tokens are affected with the downtrend sentiment. This is a fallout from what happened and we don't know how long will this malady will last and how low Bitcoin can get into. I am just hoping that soon recovery can be started and by next month things can appear to be rosy again.

[enwi]

It seems that all predictions about the altcoin season are being disproven with the significant decline in Bitcoin's price. Right now, Bitcoin is already below $90K, almost reaching $85K. If Bitcoin drops below $80K, I think the bearish season has begun, and it looks like the altcoin season will be postponed.

This week everything is bloody because the movement of bitcoin is beyond predictions, it can continue to fall. Will what you say really be proven about the altcoin season? It could happen, but it also could not and there will always be two different sides, and we must remain confident that this is a decline because there is a trigger that is beyond all predictions.
In my opinion, there will be no bear season yet. This is just because there is a trigger factor, and it could increase again, and the altcoin season will still come.

The market always has its own rhythm and even though it may seem confusing at the moment that does not necessarily mean everything will turn out for the worse. We have caught ourselves standing in front of the big change in the most unexpected time and that happened this time as well. The magnitude is not extremely high now but at the same time the pressure is strong which however has never been a new experience. That is why certain factors that are out of everyone’s control do have an impact on the situation, and thus the movement is less predictable. However, it is not to say that it will remain at this position, unmoved to make improvements for the better. I think we are still in a circle of great opportunities and if this thought is still alive we have nothing to stay in front of us is still open.

[Baofeng]

It happened couple of days ago then why the hell the news is affecting the market now, I can't able to connect the dots cause ETH is what supposed to be affected not the Bitcoin.

I was thinking of the same thing: how come Bitcoin is severely affected by the enormous Bybit hack when it was ETH that got moved with the heist but then again what is happening is the market's response to the news and it does not matter what coin was lost in fact almost all coins and tokens are affected with the downtrend sentiment. This is a fallout from what happened and we don't know how long will this malady will last and how low Bitcoin can get into. I am just hoping that soon recovery can be started and by next month things can appear to be rosy again.

And the reaction is somewhat delay as well, when the hack actually happens the price didn't move a bit. I also read about the supposedly reason, that Trump imposing a 25% tariff again could have been the main source of this decline.

Nevertheless, we should have accepted the fact already that this could be another dip for this month pushing the price at the end of February as a huge negative for all of us.