Advertise
- Anjali Belgaumkar
Anjali Belgaumkar
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
- Reviewed by:
Qadir AKQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Nov 21, 2025 04:21 UTC
-
Analyst Who Perfectly Predicted Bitcoin’s $90K Crash Now Says $60K Is Coming Next
Crypto market plunges over $3T as Bitcoin crashes to $85K. Analyst who predicted the fall warns the next major downside target could be $60,000.
Bitcoin enters oversold territory with $85K at risk. A breakdown could send prices toward $75K–$77K and possibly accelerate the slide to $60K.
The crypto market is in deep red today, with more than $3 trillion wiped out from the global market cap. Bitcoin, Ethereum, and XRP are all facing heavy sell-offs, and one analyst who accurately warned about Bitcoin’s fall from $115K to $90K now says the next stop could be $60,000.
Bitcoin Falls Sharply as Market Cap Drops 6.2%
Bitcoin is down 7.32% over the last 24 hours, trading at $85,566. Its market cap has slipped to $1.70 trillion, while trading volume has surged above $96 billion, showing intense panic selling.
Ethereum has dropped 7.54%, now at $2,799, and XRP has fallen 7%, trading at $1.97.
This deep correction is spreading across all major altcoins, with BNB down 5% and Solana down more than 7%.
The Analyst Who Called Bitcoin’s Fall From $125K
A market analyst, DrProfit, is gaining attention again after accurately predicting Bitcoin’s fall from $125,000 to the current $85,000 range. Weeks before the correction began, he declared that the bull market had topped out and that $90,000 was his first major downside target.
Now that Bitcoin has reached and broken below that level, he says traders are mistaken if they believe the crash is over.
Bitcoin Short-Term Price Analysis
On the daily chart, Bitcoin has now entered oversold territory for the first time in nine months. Historically, this has led to short-term bounces, but not immediate reversals. The last time this happened, Bitcoin briefly recovered before making new lows in the weeks that followed.
As of now, $85,000 is a major support zone. A daily close below this level would put Bitcoin at risk of falling to the next major support between $75,000 and $77,000. If that zone breaks, the path toward the analyst’s $60,000 target could accelerate.
Short-term relief is possible as traders take profits on short positions. But unless Bitcoin reclaims the $92,000 to $94,000 resistance region, analysts believe selling pressure will dominate.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
A mix of heavy sell-offs, rising panic, and technical breakdowns is driving today’s sharp crypto drop, pulling major coins deep into the red.
Volatility is high, so buyers should be cautious. Oversold conditions can spark short bounces, but a full trend reversal isn’t confirmed yet.
Altcoins typically react harder to market fear. When Bitcoin drops fast, liquidity thins out and altcoins see bigger percentage losses.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Yes 
No 
