{"id":382203,"date":"2025-03-13T14:38:24","date_gmt":"2025-03-13T09:08:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoin-price-may-slip-below-50k-if-this-support-breaks-will-history-repeat-crypto-news\/"},"modified":"2025-03-13T14:42:03","modified_gmt":"2025-03-13T09:12:03","slug":"bitcoin-price-may-slip-below-50k-if-this-support-breaks-will-history-repeat-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-price-may-slip-below-50k-if-this-support-breaks-will-history-repeat-crypto-news\/","title":{"rendered":"Bitcoin Price May Slip Below $50K If This Support Breaks; Will History Repeat? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Bitcoin price has recorded a surge of nearly 1% today but experts remain cautious about the future trajectory of the coin. Citing technical charts and historical trends, a popular market analyst said that BTC might crash to $46,000 if it drops below a key support level ahead. This comment has sparked discussions in the market, especially as the broader crypto market witnessed volatile trading lately.<\/p>\n<h2>Analyst Hints Bitcoin Price Drop To $46K<\/h2>\n<p>Renowned crypto analyst <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/ali_charts\/status\/1899734355712598298\" target=\"_blank\">Ali Martinez has pointed out<\/a> a historical pattern that could signal trouble for BTC. According to his analysis, Bitcoin price follows a repetitive cycle when it drops below the 50-week Moving Average (MA).<\/p>\n<p>Martinez explained that in 2014, BTC had this support and declined to test the 200-week MA. The same scenario repeated in 2018 and during the 2020 COVID crash. Again, in 2022, Bitcoin fell not just to the 200-week MA but even below it. Currently, the flagship crypto\u2019s 50-week MA stands at $75,500. If this level breaks, history suggests a plunge to the 200-week MA at $46,000.<\/p>\n<p>Meanwhile, this technical outlook has sparked concerns among traders. Many are closely monitoring whether BTC can hold this crucial support or if another major correction is on the horizon.<\/p>\n<h2>BTC Faces Strong Resistance at $95K<\/h2>\n<p>While the downside risk remains a concern, Martinez also highlighted Bitcoin price\u2019s key resistance level. He pointed out that the strongest supply barrier is at $95,000. Around 1.2 million investors hold nearly 726,000 BTC at this level, making it a critical point for any potential upward movement.<\/p>\n<figure style=\"width: 754px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/Gl2C3IxW8AAsRQ8?format=jpg&#038;name=4096x4096\" alt=\"Bitcoin price chart\" width=\"754\" height=\"311\"\/><\/noscript><figcaption class=\"wp-caption-text\">Source: Ali Martinez, X<\/figcaption><\/figure>\n<p>If BTC manages to reclaim bullish momentum, breaking past this supply wall will be a challenge. Until then, traders must remain cautious, as any break below support could lead to a sharp decline.<\/p>\n<h2>What\u2019s Next for Bitcoin Price?<\/h2>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/bitcoin\/\" target=\"_blank\" rel=\"noopener\">BTC price today<\/a> jumped over 1% and exchanged hands at $$83,165, while its one-day volume fell 22% to $37.7 billion. Notably, the crypto has touched a 24-hour high and low of $84,358.58 and $80,635.25, respectively. Besides, BTC Futures\u2019 Open Interest also rose by 1.3% in the 24-hour timeframe, CoinGlass data showed.<\/p>\n<p>Adding to the bullish momentum, a recent <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/bitcoin-price-analysis-us-cpi-russia-ukraine-ceasefire-btc-rebound-150k\/\" target=\"_blank\" rel=\"noopener\">BTC price analysis<\/a> hints at a potential rally to $118K. Notably, the analysis comes as the US CPI comes in lower than expected and the tension between Russia and Ukraine eases, sparking market optimism.<\/p>\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\/bitcoin-price-may-slip-below-50k-if-this-support-breaks-will-history-repeat\/\" 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\/bitcoin-price-may-slip-below-50k-if-this-support-breaks-will-history-repeat\/\" target=\"_blank\"><br \/>\n  <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\"\/><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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Citing technical charts and historical trends, a popular market analyst said that BTC might crash to $46,000 if it drops below a key support level ahead. This comment has sparked discussions in the market, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":382204,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-382203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/382203","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=382203"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/382203\/revisions"}],"predecessor-version":[{"id":382207,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/382203\/revisions\/382207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/382204"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=382203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=382203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=382203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}