How Low Can Bitcoin Price Go? Analysts Point to Two Key Levels

Bitcoin has fallen below $97,000 once again, raising new fears across the market as more than $1.1 billion in long positions were liquidated within 24 hours. This marks the third time in a month that Bitcoin has slipped under this zone

. With sentiment weakening fast, the biggest question now dominating the market is simple: How low can Bitcoin really fall from here?

Analysts Identify Two Danger Zones Ahead

Crypto analyst Axel Adler Jr has highlighted two critical levels that could decide Bitcoin’s next major move, and both levels carry serious weight.

The first key support sits near $87,000, a zone identified using what Adler calls a “conservative Bitcoin valuation model.”

This model, scoring 95/100 in back testing, is based entirely on on-chain activity and explains 87% of Bitcoin’s price behavior. Because of this, the $87K level is viewed as a strong, fundamentally backed support.

But the real fear comes from the second major support level at $74,000, a zone analysts call the “panic level.” If Bitcoin falls this far, it would likely trigger a deeper emotional sell-off across the market.

Repeating Bear Signal From Past Cycles

Adding more concern, analyst Ted pointed out that Bitcoin is showing a familiar pattern seen in three major bear markets, 2014, 2017, and 2021.

In all three cases, the real downturn began right after a death cross, where the short-term moving average falls below the long-term one.

Ted warns that the same pattern is forming again in 2025, showing an almost identical setup. If history repeats, Bitcoin could be entering the early stage of another big correction.

MicroStrategy Suddenly Starts Selling Bitcoin After 2 Years

The panic grew even stronger after MicroStrategy, led by Michael Saylor, suddenly began selling Bitcoin for the first time in two years.

The company has reportedly dumped 33,000 BTC worth $3.2 billion, and on-chain data shows they are continuing to sell in small batches every few minutes.