Bitcoin (BTC) has crashed below $70,000, underperforming the already weak 
crypto market as selling pressure tests price action. Market analyst Crypto 
Patel noted that he had anticipated this significant drop, citing BTC&#8217;s 
fragile price structure and persistent bearish factors in recent weeks. Now, 
the expert is sharing new insights on the latest price decline, forecasting 
how far the ongoing correction might go and what could come next for the 
leading cryptocurrency. Analyst Predicts More Declines Ahead For Bitcoin 
Crypto market analyst Crypto Patel on X is predicting further declines for 
Bitcoin, identifying $50,000 as a potential bottom for this cycle. In what he 
called a “Bitcoin Profit Update,” Patel highlighted that he had accurately 
forecasted the recent 19% crash in Bitcoin in his earlier posts. Related 
Reading: Here’s Why The Bitcoin Price Is Crashing And What To Expect Next 
Previously, the analyst had warned that Bitcoin’s previous $80,000 level 
represented strong resistance, coupled with a fair value gap (FVG). He 
predicted that from its prior price of around $82,800, Bitcoin would likely 
drop to $68,000. Despite criticism from some market watchers, Patel remained 
firm and closely monitored the market. His forecast proved largely accurate, 
as BTC recently fell more than 19%, reaching $67,000. He attributed the move 
to a Bitcoin liquidity grab, followed by activity around the FVG and a bearish 
order block around the $89,000 level. Looking ahead, Crypto Patel noted 
Bitcoin has formed a lower high around $82,800, a move he had been waiting to 
confirm. He also highlighted that stop losses have moved lower, from $98,000 
to $82,900. The analyst has marked the $82,800 region as the current critical 
change of character (ChoCH) trigger, signaling that traders should watch this 
level closely for potential market shifts. According to Crypto Patel, only a 
high-volume, high-timeframe close above $82,800 could flip Bitcoin back to 
bullish territory. Without it, he expects another significant decline. BTC’s 
Downside Targets Point To $40,000 Crash In a recent X post, Crypto Patel 
reiterated that his bias toward Bitcoin remains bearish, expecting the 
cryptocurrency to crash to much lower levels. He acknowledged the possibility 
of a short-term relief bounce toward $75,000, but emphasized that this would 
likely be temporary. Following this projected rebound, the analyst expects BTC 
to drop to its next lower low target near $50,000 later this year. Related 
Reading: Bitcoin Bearish Flag Goes Up As Expert Analyst Predicts A Massive 
Crash To $44,000 Patel marks a break of structure (BOS) level around $59,800 
on his chart as the key trigger that could open the path to the $50,000 
plunge. He also noted that if bearish momentum persists, Bitcoin could face an 
even steeper decline, potentially dipping into the $40,000 &#8211; $45,000 range. 
Featured image from Geety Images, chart from Tradingview.com

Bitcoin (BTC) has crashed below $70,000, underperforming the already weak crypto market as selling pressure tests price action. Market analyst Crypto Patel noted that he had anticipated this significant drop, citing BTC&#8217;s fragile price structure and persistent bearish factors in recent weeks. Now, the expert is sharing new insights on the latest price decline, forecasting &#8230;

Has The Bitcoin Crash Ended After Falling Below $70,000?

The AI pivot of former Bitcoin miners highlights a strategic shift towards 
utility-like roles, potentially reshaping energy and tech sectors.
The post Bernstein initiates coverage on TeraWulf, Cipher Digital with bullish 
price targets as AI pivot accelerates appeared first on Crypto Briefing.

The AI pivot of former Bitcoin miners highlights a strategic shift towards utility-like roles, potentially reshaping energy and tech sectors. The post Bernstein initiates coverage on TeraWulf, Cipher Digital with bullish price targets as AI pivot accelerates appeared first on Crypto Briefing.

Bernstein initiates coverage on TeraWulf, Cipher Digital with bullish price targets as AI pivot accelerates

Bitcoin has reached Peter Brandt’s February downside target, but the veteran 
trader says BTC could still move lower before forming a tradable bottom. In an 
earlier outlook, he projected a potential $300,000 to $500,000 bitcoin peak in 
2029. Peter Brandt Says Bitcoin May Not Find a Tradable Low Until October 
Bitcoin’s latest drop has returned […]

Bitcoin has reached Peter Brandt’s February downside target, but the veteran trader says BTC could still move lower before forming a tradable bottom. In an earlier outlook, he projected a potential $300,000 to $500,000 bitcoin peak in 2029. Peter Brandt Says Bitcoin May Not Find a Tradable Low Until October Bitcoin’s latest drop has returned &#8230;

Peter Brandt Warns Bitcoin May Drop Further as October Becomes Key Window

MicroStrategy&#8217;s preferred stock strategy raises investor concerns over 
mounting cash obligations and market stability.
The post Jeff Dorman: MicroStrategy&#8217;s flawed balance sheet management threatens Bitcoin holders, $2 billion raised to address dividend fears, and the impact of preferred stock on market sentiment | Unchained appeared first on Crypto Briefing.

MicroStrategy&#8217;s preferred stock strategy raises investor concerns over mounting cash obligations and market stability. The post Jeff Dorman: MicroStrategy&#8217;s flawed balance sheet management threatens Bitcoin holders, $2 billion raised to address dividend fears, and the impact of preferred stock on market sentiment | Unchained appeared first on Crypto Briefing.

Jeff Dorman: MicroStrategy’s flawed balance sheet management threatens Bitcoin holders, $2 billion raised to address dividend fears, and the impact of preferred stock on market sentiment | Unchained

Unclaimed crypto assets highlight the importance of vigilance and proactive 
management in digital finance, impacting user trust and asset recovery.
The post Euler notifies user of $73K in unclaimed ETH from recovery process 
appeared first on Crypto Briefing.

Unclaimed crypto assets highlight the importance of vigilance and proactive management in digital finance, impacting user trust and asset recovery. The post Euler notifies user of $73K in unclaimed ETH from recovery process appeared first on Crypto Briefing.

Euler notifies user of $73K in unclaimed ETH from recovery process

The House vote signals a shift in US foreign policy, potentially impacting 
global energy markets and increasing scrutiny on cryptocurrency use.
The post US House votes to end military involvement in Iran conflict appeared 
first on Crypto Briefing.

The House vote signals a shift in US foreign policy, potentially impacting global energy markets and increasing scrutiny on cryptocurrency use. The post US House votes to end military involvement in Iran conflict appeared first on Crypto Briefing.

Has The Bitcoin Crash Ended After Falling Below $70,000?

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