This is why analysts are predicting a Bitcoin price crash to $60,000.

According to several high-profile Bitcoin analysts, the price of BTC may fall to $60,000 in the coming months. Bitcoin's momentum has stalled recently, and its latest major gains may be weak.

Several analysts have predicted bullishness for Bitcoin 2025 but still say that the price will first hit a major decline in the short term before a future bullish cycle occurs.

Bitcoin crash price

These Bitcoin price predictions were compiled by Ali Martinez, a well-known analyst in the space. Recently, Bitcoin's price progress has slowed significantly, prompting it. He worries that the $110,000 goal by New Year's Eve is becoming unrealistic.

Meanwhile, some leading analysts think that the lack of support at various price points and the current supply shock may cause BTC to decline further.

We will now open Monday's trade below $95,000. This is very, very bad. I am now, as I call [it]slip [into] $92,000 range. Getting too close… literally opens Pandora's box to a bigger crash. The probability that we will easily go to $73,000 has increased significantly. They sit on the last line of support,” said Ton Weiss.

For the past week, Bitcoin price has been in a “key support area” between $97,000 and $93,800. If the asset price falls below this range, we could see a significant drop to $70,000 as there is little support below it. Unfortunately, BTC price is currently hanging on the lower end of this range.

He also observed a number of trends that clearly reflect the growing sense of unease in the Bitcoin community. For example, investors sent more than $3 billion in BTC exchanges last week, as Bitcoin Wells limited their exposure. ETFs, traditionally a huge source of income, also saw more than $1 billion in outflows.

Even predictions about the future still contain a hint of pessimism. For example, analysts from To the Cryptoverse podcast CoIn the 90s, Bitcoin matched the price movements of the Invesco QQQ. In a very similar fashion to BTC this year, it shot up, crashed dramatically, and then rebounded to completely outlast the first bull market.

“I think Bitcoin will be around $250,000 a year from now. But knowing that it is hyper-volatile, our technician Mark Newton thinks that early next year the Bitcoin cycle will slow down a bit, maybe Bitcoin will reach the 60s. $60,000 before $250,000,” he said. Thomas Lee, Fundsrat Capital CIO and CNBC contributor.

Ultimately, however, major asset managers continue to make unequivocal predictions for Bitcoin's price movements. For example, Bitwise said earlier this month that BTC could reach $200,000 in 2025, with continuous growth. Pantera Capital makes a bold statement that it will reach $740,000 by 2028.