The crypto market is going through a rough patch. Its total value has dropped to $2.4 trillion – a sharp 10% fall. Bitcoin, the world’s leading cryptocurrency, has slipped to $74,000, its lowest in four months. Well-known crypto analyst Michael van de Poppe warns that more price swings are likely. He thinks Bitcoin could fall further to $70K before bouncing back.
The big question now: is this a chance to buy, or the start of something worse?
Markets in Panic Mode as Bitcoin Dips
Monday’s trading session began with big losses across global markets, sparking fears similar to past financial crises. Not long ago, Bitcoin hit $100,000. Now, it’s struggling to stay above $75,000.
Van de Poppe described the day as a “Black Monday” for crypto. He pointed out the sharp drop in Bitcoin and the overall market, warning that the next few weeks could be highly unpredictable. According to him, Bitcoin is at a critical level, and what happens next could shape its short-term future.
It’s hard to judge how deep we’ll go in times of panic, but we’re taking the liquidity beneath the low and we’ll be waiting on: – Trump delaying Tariffs (not happening) – FED announcing emergency meeting (max 1-2 weeks) -… pic.twitter.com/acAPJrS5xB
— Michaël van de Poppe (@CryptoMichNL) April 7, 2025
Still, he believes this drop could be a good buying opportunity for long-term investors — depending on how things play out.
What’s Causing Bitcoin’s Drop?
Several factors are behind Bitcoin’s recent decline, making it a tough time for traders and investors:
Fear of a U.S. Trade War
President Trump’s strict trade policies are making investors nervous. His tough stance on tariffs is creating uncertainty, pushing many to move away from risky assets like Bitcoin.
No Response from the Federal Reserve
There are rumors that the Federal Reserve might call an emergency meeting to address market instability in the next week or two, but until then, uncertainty remains high. If the Fed stays silent, Bitcoin and other assets may continue to drop.
Mass Liquidations
A wave of forced liquidations has hit the crypto market. Over the past 24 hours, $471.6 million worth of Bitcoin has been liquidated. Long traders have lost around $409 million, while short sellers faced $62.3 million in liquidations.
Is $70K Bitcoin’s Next Stop?
Van de Poppe points out that Bitcoin is already down nearly 30% from its all-time high. Traders are now watching the $70,000–$75,000 range closely, as it’s a key support zone.
If Bitcoin holds above this range, it could bounce back strongly. But if it drops below $70K, more losses could follow.
Still, van de Poppe remains hopeful. He believes that buying Bitcoin at current levels might pay off over the next 12 to 24 months for long-term investors.
What Happens Next?
Right now, Bitcoin is trading around $77,000 — down 7% in the past 24 hours. Whether it can stay above $70,000 could decide where it goes next.
Even though there’s a lot of fear in the market, many experts believe the next two weeks will be critical for Bitcoin and the broader financial world. Whether this is just a short-term dip or the start of a deeper decline is still unclear.
Markets are spooked, charts look messy, and Bitcoin’s walking a tightrope — hang tight, it’s going to be a wild few weeks.
The post Why Is Bitcoin Price Falling Today? Expert Reveals Key Level to Watch appeared first on Coinpedia Fintech News
The crypto market is going through a rough patch. Its total value has dropped to $2.4 trillion – a sharp 10% fall. Bitcoin, the world’s leading cryptocurrency, has slipped to $74,000, its lowest in four months. Well-known crypto analyst Michael van de Poppe warns that more price swings are likely. He thinks Bitcoin could fall …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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By Nermeen Nabil Khear 
