{"id":376017,"date":"2025-02-27T14:39:04","date_gmt":"2025-02-27T09:09:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/how-low-can-bitcoin-price-go-after-a-20-drop-crypto-news\/"},"modified":"2025-02-27T14:40:36","modified_gmt":"2025-02-27T09:10:36","slug":"how-low-can-bitcoin-price-go-after-a-20-drop-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/how-low-can-bitcoin-price-go-after-a-20-drop-crypto-news\/","title":{"rendered":"How Low Can Bitcoin Price Go After a 20% Drop? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Bitcoin price has continued to bleed today with its value losing more than 20% from its recently reached all-time high. However, the current performance hints that the storm is not yet over and another wave of disappointments might be there for the investors. So, let\u2019s see what experts are saying and how low BTC can go amid the bear-dominating phase.<\/p>\n<h2>Bitcoin Price Slips 20%: More Dip Ahead?<\/h2>\n<p>Bitcoin price lost 16% over the last 30 days while declining 11% in a week. Besides, it bleed nearly 20% from its recent ATH of $109,114.88. This reflects the investors\u2019 waning risk-bet appetite and fading market interest in the digital assets space. Notably, this is also evidenced by the massive <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/will-bitcoin-etf-outflows-trigger-further-crypto-market-crash\/\" target=\"_blank\" rel=\"noopener\">outflow in the US Spot Bitcoin ETF<\/a> over the past few days, with $754.6 million recorded on February 26.<\/p>\n<figure id=\"attachment_241307\" aria-describedby=\"caption-attachment-241307\" style=\"width: 750px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-241307\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Bitcoin-ETF-outflow-27-2-25.png\" alt=\"Bitcoin ETF outflow\" width=\"750\" height=\"842\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Bitcoin-ETF-outflow-27-2-25.png 700w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Bitcoin-ETF-outflow-27-2-25-267x300.png 267w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Bitcoin-ETF-outflow-27-2-25-150x168.png 150w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\"\/><\/noscript><figcaption id=\"caption-attachment-241307\" class=\"wp-caption-text\">Source: Farside Investors<\/figcaption><\/figure>\n<p>Meanwhile, BTC value today slipped about 3% from yesterday to $86,147 with its one-day trading volume declining 12% to $70.33 billion. Notably, the crypto has slipped to as low as $82,131.90 in the last 24 hours while touching a high of $89,223.08. Besides, CoinGlass data showed that Bitcoin Futures Open interest also fell 6% from yesterday, reflecting the gloomy market sentiment.<\/p>\n<h2>More BTC Dip: Key Levels To Watch<\/h2>\n<p>The experts remain cautiously optimistic despite the brewing storm in the broader digital assets space, as evidenced by the recent crypto market crash. A flurry of market pundits also sees this latest Bitcoin price plunge as a healthy correction, which might attract more investors to enter at a lower price.<\/p>\n<p>For context, in a recent X post, renowned market expert Michael van de Poppe said that BTC must hold the $87K mark for a strong recovery. However, he also noted that failing to hold this level could trigger a massive selloff which might drive the BTC price to $70K. Despite that, <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/CryptoMichNL\/status\/1894996947641213279\" target=\"_blank\">Poppe noted<\/a> that the BTC price correction is \u201cgreat\u201d for the investors to buy at a \u201c25% discount from the recent high.\u201d<\/p>\n<figure style=\"width: 751px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bitcoin price chart\" width=\"751\" height=\"411\" data-lazy-src=\"https:\/\/pbs.twimg.com\/media\/Gks25LZWgAIZek_?format=png&#038;name=4096x4096\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/Gks25LZWgAIZek_?format=png&#038;name=4096x4096\" alt=\"Bitcoin price chart\" width=\"751\" height=\"411\"\/><\/noscript><figcaption class=\"wp-caption-text\">Source: Michael van de Poppe, X<\/figcaption><\/figure>\n<h2>Bitcoin Price To $70K Imminent?<\/h2>\n<p>It\u2019s difficult to precisely predict how low can the flagship crypto go if the bears continue to dominate. However, as per the market trends and experts\u2019 comments, it appears that BTC might find its next support at nearly $70,000. Having said that, it is very likely that the crypto might slip to the level ahead.<\/p>\n<p>Meanwhile, echoing a similar sentiment to Michael van de Poppe, another expert Ali Martinez recently said that BTC below the $93,198 mark will find its support at $70,440. Considering that, it seems that BTC price might slip to the 70 territory if the investors continue to stay in the sideline.<\/p>\n<figure style=\"width: 752px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BTC price prediction\" width=\"752\" height=\"383\" data-lazy-src=\"https:\/\/pbs.twimg.com\/media\/GkjpK6HXsAItxM-?format=jpg&#038;name=4096x4096\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GkjpK6HXsAItxM-?format=jpg&#038;name=4096x4096\" alt=\"BTC price prediction\" width=\"752\" height=\"383\"\/><\/noscript><figcaption class=\"wp-caption-text\">Source: Ali Martinez, X<\/figcaption><\/figure>\n<p>Simultaneously, a recent <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/bitcoin-btc-price-prediction\/\" target=\"_blank\" rel=\"noopener\">BTC price prediction<\/a> also hints at a correction to $70K by the year-end. So, investors might trade cautiously amid the volatile market scenario. But what if the flagship crypto starts recovering?<\/p>\n<h2>BTC Recovery Possible? Here Are The Price Levels To Watch Then<\/h2>\n<p>Despite the recent market downturn, experts remain optimistic about Bitcoin price\u2019s long-term prospects. Analyst Rekt Capital notes that Bitcoin is closing in on filling the CME Gap created between $78,000 and $80,700 in November 2024. Additionally, a new CME Gap has formed between $92,700 and $94,000, which could lead to a relief rally and a potential revisit of the $93,500 price point.<\/p>\n<figure style=\"width: 752px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BTC prediction\" width=\"752\" height=\"531\" data-lazy-src=\"https:\/\/pbs.twimg.com\/media\/GkviExCWsAAfmzR?format=jpg&#038;name=large\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GkviExCWsAAfmzR?format=jpg&#038;name=large\" alt=\"BTC prediction\" width=\"752\" height=\"531\"\/><\/noscript><figcaption class=\"wp-caption-text\">Source: Rekt Capital, X<\/figcaption><\/figure>\n<p>Other experts, like Rose Premium Signals, predict even more ambitious targets for BTC price, with a potential long-term price of $130,000. With Bitcoin having filled nearly every CME Gap since mid-March 2024, a price recovery may be on the horizon. As the market watches for signs of a turnaround, investors remain hopeful that Bitcoin will regain its upward momentum.<\/p>\n<figure style=\"width: 750px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bitcoin analysis\" width=\"750\" height=\"461\" data-lazy-src=\"https:\/\/pbs.twimg.com\/media\/GkvcZtHXEAEmthq?format=jpg&#038;name=large\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GkvcZtHXEAEmthq?format=jpg&#038;name=large\" alt=\"Bitcoin analysis\" width=\"750\" height=\"461\"\/><\/noscript><figcaption class=\"wp-caption-text\">Source: Rose Premium Signals, X<\/figcaption><\/figure>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" aria-label=\"whatsapp\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/how-low-can-bitcoin-price-go-after-20-drop\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" aria-label=\"Twitter\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/how-low-can-bitcoin-price-go-after-20-drop\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/9d7b7f4a818f537bb2ba0f919271b61d?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/9d7b7f4a818f537bb2ba0f919271b61d?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/9d7b7f4a818f537bb2ba0f919271b61d?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/9d7b7f4a818f537bb2ba0f919271b61d?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>Rupam Roy  <\/p>\n<\/p><\/div>\n<p>Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam&#8217;s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.<br \/>\nRupam&#8217;s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/5-important-highlights-from-the-recent-fed-meeting\/?utm_source=post&utm_medium=web-story\" target=\"_blank\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" 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https:\/\/coingape.com\/wp-content\/uploads\/2023\/01\/cropped-shutterstock_1958528764_10-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/01\/cropped-shutterstock_1958528764_10-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">5 Reasons behind Mega Bank\u2019s 2024 Ethereum Price Prediction <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price has continued to bleed today with its value losing more than 20% from its recently reached all-time high. However, the current performance hints that the storm is not yet over and another wave of disappointments might be there for the investors. So, let\u2019s see what experts are saying and how low BTC can [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":376018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-376017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=376017"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376017\/revisions"}],"predecessor-version":[{"id":376019,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376017\/revisions\/376019"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/376018"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=376017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=376017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=376017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}