One of the few analysts who accurately called Bitcoin’s 2025 top believes BTC will bottom once one key event occurs.
The pseudonymous analyst KillaXBT tells his 140,800 followers on X that Bitcoin will likely set the stage for a breakout once increasing fears over the conflict in the Middle East spark a deeper selloff across the global markets.
“With all that said, these events always hit hardest when BTC is in a bear market. 90% will capitulate, but the 10% will be buying through all the geopolitical chaos.
I might be short-term bearish, but don’t mistake that for where we are in the cycle. Iran/Israel/US tensions will escalate, markets will capitulate further, and that, my friends, is exactly where BTC bottoms.”
The trader warns that Bitcoin may plummet into the $50,000 range if the top crypto asset by market cap fails to hold the $64,700 level as support.
“In terms of key structure we need to hold, the monthly open sits at $66,900, which is something to observe for a reaction/acceptance above.
However, the key areas on the HTF (high timeframe) sit around $65,900 down to $64,700. Lose that and bulls can say goodnight, because sub-$60,000 is coming.”
Bitcoin is trading at $70,646 at time of writing, flat on the day.
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The post Analyst Who Called 2025 Bitcoin Top Issues BTC Price Warning – Here’s His Outlook appeared first on The Daily Hodl.
One of the few analysts who accurately called Bitcoin’s 2025 top believes BTC will bottom once one key event occurs. The pseudonymous analyst KillaXBT tells his 140,800 followers on X that Bitcoin will likely set the stage for a breakout once increasing fears over the conflict in the Middle East spark a deeper selloff across
The post Analyst Who Called 2025 Bitcoin Top Issues BTC Price Warning – Here’s His Outlook appeared first on The Daily Hodl. Bitcoin, analysis, BTC, News, Price
This articles is written by : Nermeen Nabil Khear Abdelmalak
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