News View Non-AMP

Bitcoin Crash Over? Top Trader Predicts Massive Recovery & Altcoin Boom!

Published by
Mustafa Mulla

Bitcoin, the world’s largest cryptocurrency, has plunged over 15% in just a week, hitting a low of $82,340. While this decline has sparked fears of further losses, analysts at Crypto Banter suggest a strong recovery may be on the horizon. With liquidations already taking place, Bitcoin’s next move could either flush out weak hands or trigger a sharp rally.

Meanwhile, altcoins are showing resilience, hinting at a potential breakout soon.

Bitcoin at a Crossroads: More Downside or a Reversal?

According to Crypto Banter, Bitcoin has been struggling after breaking below key support levels, recently dipping to $82,000. While this has fueled concerns of further losses, analysts believe a sharp recovery is still possible.

They outline two possible scenarios for Bitcoin’s next move:

1. A Final Dip Before Rebound

Bitcoin may drop further to the $79,000–$81,000 range before bouncing back toward $90,000 and beyond. This move could flush out weak hands before the market turns bullish again.

2. Immediate Recovery

If Bitcoin holds above $82,000, it could quickly regain $90,000 and push toward $100,000, which could fuel a rally in altcoins.

Bitcoin is at a key decision point, and its next move will determine whether it resumes its upward trend or stays stuck in a sideways phase.

Altcoins Gain Momentum

Bitcoin’s dominance in the market is shrinking, which could mean altcoins are preparing for strong moves. At the same time, USDT dominance is also falling, showing that traders are shifting funds back into altcoins, signaling growing confidence.

Ethereum (ETH) is already rebounding from its recent lows and is now aiming for $2,500. If it breaks past this level, ETH could climb toward $3,000.

Solana (SOL) is also holding support around $130, with analysts predicting a move to $160. If momentum builds, SOL could reclaim $200 and enter price discovery, pushing prices even higher.

Bitcoin Liquidations Could Spark a Short Squeeze

Crypto Banter notes that Bitcoin has already seen major liquidations on the downside, with many traders now opening long positions between $83,000 and $84,000. This could be a sign that the market is preparing for a move higher.

If Bitcoin climbs past $90,000, it could trigger $3 billion in short liquidations. A push to $95,000 could result in $6 billion in liquidations, forcing short sellers to buy back, which could drive prices even higher.

The next few days will reveal whether this is just a shakeout or the start of a powerful new trend in the market.

FAQs

Why Bitcoin Is Going Down Today?

Bitcoin is dropping due to liquidations, market resistance, and investor uncertainty, but analysts predict a potential recovery soon.

What Price Could Bitcoin Reach Next?

If Bitcoin rebounds, it could climb toward $90K–$100K. A drop below $79K may delay recovery and trigger more selling pressure.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Trump To Sign Crypto Laws By August, Says Bo Hines

Some big news is coming from the stage of the Consensus Toronto 2025 event. Bo…

May 15, 2025

What is Pi Network Ventures? Exploring the $100M Fund and Its Impact on Pi Coin

Pi Network has introduced Pi Network Ventures, a $100 million fund aimed at supporting startups…

May 15, 2025

Binance Coin BNB Price Prediction 2025, 2026 – 2030: Will BNB Hit $1000?

Story Highlights Binance Coin Price Today is . The BNB price prediction anticipates a potential…

May 15, 2025

Ethereum ETH Price Prediction 2025, 2026 – 2030: How High Will Ethereum Go?

Story Highlights The Ethereum price today is . ETH price with a potential surge could…

May 15, 2025

Only $1,200 to Dine With Trump? The Exclusive Investor Deal Explained

Here’s another twist in the Trump memecoin world – some top holders say that the…

May 15, 2025

SHIB grows by 23% in a Week, But Experts Suggest Ruvi AI (RUVI) Has The Potential to Turn a $1,500 Investment into $720,000 During Altcoin Season

Shiba Inu (SHIB) has captured the imagination of crypto enthusiasts worldwide. Known for its whimsical…

May 15, 2025