Bitcoin · CME Group · Federal Reserve (FED) · Cointelegraph
Analysts forecast a Bitcoin crash to the $60K level, revisiting 2026 low
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The price of Bitcoin is about $75,800 at the time of publication, a nearly 40% decrease from the all-time high of about $126,000 reached in October 2025.
Key facts
- The Polymarket odds of Bitcoin hitting $55,000 in 2026 are 51% at the time of publication, while the odds of it falling to $45,000 are at 31%
- The price of Bitcoin is about $75,800 at the time of publication, a nearly 40% decrease from the all-time high of about $126,000 reached in October 2025
- The price of Bitcoin may be headed to the $60,000 level after breaking past a “crucial” support zone between $75,000 and $76,000, according to crypto market analyst Michaël van de Poppe
- Bitcoin continues to trade well below its 365-day and 200-day exponential moving averages (EMA), two dynamic support levels, and closed below the 50-day EMA on Friday, TradingView data shows
Summary
The price of Bitcoin may be headed to the $60,000 level after breaking past a “crucial” support zone between $75,000 and $76,000, according to crypto market analyst Michaël van de Poppe. Bitcoin fell below the support zone on Friday, van de Poppe said, adding that market corrections occurring on Fridays “flip back bullish often.” There are also “multiple” Chicago Mercantile Exchange (CME) Bitcoin futures gaps above the spot market price, the highest of which is over $79,000, he added. Bitcoin breaks below the critical support zone around $75,000.