Why Top Analysts Are Warning BTC Could Plunge Further

One among them outlined what BTC has to do to keep away from one other breakdown.

Bitcoin tried and failed at $76,000 final week and $72,000 just a few days in the past. It was rejected in its tracks at each makes an attempt, and the Friday correction pushed it south to a four-week low of $65,500.

Though it has recovered some floor since then and at the moment trades above $66,000, most analysts on X consider the asset isn’t out of the woods but and predict not less than yet another leg down.

Not Wanting Nice

Michaël van de Poppe was among the many first to stipulate BTC’s fragile state, stating that “Bitcoin isn’t trying nice.” In a latest publish on X, MN Fund’s founder mentioned the cryptocurrency is following a well-recognized sample and can probably “grasp right here for a bit, earlier than persevering with to comb the lows additional down the road.”

He famous that the $60,000 assist will come into focus, which might be his supreme space for opening lengthy positions. Curiously, one other analyst, Jelle, not too long ago noted that he would begin shopping for BTC if it drops even additional south, to round $50,000.

Van de Poppe, although, asserted that his concept will likely be invalidated if BTC rebounds decisively and breaks previous $71,000, which can “clearly” change the angle.

#Bitcoin isn’t trying nice.

The identical process as throughout the earlier consolidation. It would probably grasp right here for a bit, earlier than persevering with to comb the lows additional down the road.

If that occurs, a sweep of $60K is the best space for longs on this one.

Now, what goes… pic.twitter.com/BvCVPmY648

— Michaël van de Poppe (@CryptoMichNL) March 28, 2026

CryptoQuant additionally wrote about bitcoin’s potential backside throughout this cycle not too long ago, and concluded that “it’s nonetheless too early” to find out BTC has reached it. The analysts explained that “structural indicators” that might solidify a conclusive transition from a medium- to long-term downtrend into an uptrend have but to obviously emerge.

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Altcoin Sherpa’s opinion aligned with van den Poppe’s, suggesting that BTC might discover some short-term reduction, but it surely might “check the $62Ks finally.”

Touched DCA Zone

Whereas additionally weighing in on BTC’s latest value efficiency, Merlijn The Dealer indicated that bitcoin has dropped and touched the decrease boundary of the “DCA Zone.” Historical past reveals that the asset has not fallen to the decrease area of the rainbow under for a few years. And, when it has been inside it, it has bounced by 100x in 2015, by 20x in 2019, and by 5x in 2023.

If it breaks under it now, it might be the primary such occasion in historical past, Merlijn defined. Nevertheless, if it holds and rebounds, then the “enlargement section opens.”

BITCOIN JUST TOUCHED THE DCA ZONE FOR THE FOURTH TIME.

2015: inexperienced zone. Then 100x.
2019: inexperienced zone. Then 20x.
2023: inexperienced zone. Then 5x.
2026: proper now.

Maintain it: enlargement section opens.
Lose it: first break in historical past.

You might be in the correct zone. pic.twitter.com/9GDj35goiv

— Merlijn The Dealer (@MerlijnTrader) March 28, 2026