Jun 16, 2025
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Bitcoin Price Faces Potential Drop Below $90,000 Amid Bearish Sentiment
The Bitcoin price remains above $100,000 but has shown weakness, failing to reach new all-time highs. Recent geopolitical tensions have contributed to a decline, leading to increased bearish sentiment. Analysts suggest a heightened risk of a significant price drop.
Potential for a Price Crash Below $90,000
Analyst MIRZA forecasts that Bitcoin could crash below $90,000 due to:
- Inability to break above $111,000 resistance level
- Formation of bearish patterns on the price chart
- Decline towards $103,000 as bears regain control
A failure to maintain above $107,000 could lead to a fall of over 15%, possibly reaching $85,000.
Growing Bearish Sentiment
Other analysts, including RLinda, also predict potential downturns, attributing recent trends to geopolitical events. Current support holds above $100,000, indicating some resilience. The price may range between $102,500 and $106,200, with key scenarios including:
- A rise above $106,200 could push prices over $110,000
- A drop below $102,500 might lead back toward $100,000
