Bitcoin’s price has continued its decline, dropping below several key levels in recent days. As of now, Bitcoin is hovering just above $87,000, marking a weekly drop of around 7.7% and a 19.6% decline from its all-time high of over $109,000 recorded earlier this year.
Amid this downturn, various market analysts have taken to social media to weigh in on the possible causes of the dip and what might come next for the flagship cryptocurrency.
Diverging Predictions for Bitcoin’s Next Move
First on the list is crypto analyst Titan of Crypto who recently shared his perspective on X, suggesting that Bitcoin’s monthly close could offer important clues. “As long as BTC holds above the 38.2% Fibonacci retracement, the bull run remains intact,” the analyst noted.
Notably, in traditional and crypto markets alike, a monthly close is considered a significant indicator because it reflects sustained market sentiment over a longer timeframe. A strong monthly close above key technical levels can signal ongoing strength, while a close below such thresholds may point to further declines.
Prominent trader Gareth Soloway offered a wide-ranging forecast, indicating that Bitcoin could either fall to $75,000 or surge to $125,000 in the coming months.
Gareth Soloway says Bitcoin is either going to $75K or $125K, he could be wrong, he doesn’t know. And yes it could still go to $200K by EOY. Incredible analysis. pic.twitter.com/tLCVSL4WuA
— The ₿itcoin Therapist (@TheBTCTherapist) February 25, 2025
Other analysts have taken a more bearish stance. Coinmamba, another well-known figure in the crypto community, highlighted the waning influence of MicroStrategy’s large Bitcoin purchases.
“The only reason we had this much Bitcoin outperformance was due to MicroStrategy buys, and that is coming to an end,” Coinmamba wrote, adding that he is bullish on altcoins but bearish on Bitcoin’s near-term prospects.
Meanwhile, Crypto Caesar suggested a possible drop to $73,000 levels, citing a mix of technical and fundamental indicators that point to further downside potential.
Optimism Amid the Bearish Sentiment
Despite the bearish outlook from some analysts, a number of investors remain confident in Bitcoin’s long-term trajectory. Max Brown, expressed strong conviction on X, stating, “Bitcoin is going to $150K. ETH is going to $15,000. Don’t let anyone tell you otherwise. We will hold tight and ride our coins to 10x–50x.”
This sentiment, while ambitious, highlights the resilience of some Bitcoin holders who view current price declines as temporary setbacks rather than structural weaknesses.
Similarly, an investor known as Lemon shared a simple strategy for navigating the current downturn: “I will start buying every day on every dip, from $85K to $75K. I’ll sell by the end of the year above $110–$120K.”
My plan for the rest of the year.
I will start buying every day on every dip, from 85K to 75K, I will sell by the end of the year above 110-120K.#Bitcoin $BTC pic.twitter.com/gLYJ2G7mui
— Lemon 🍋 (@TheCryptoLemon) February 25, 2025
This approach, emphasizing steady accumulation and a clear exit strategy, reflects a more measured form of optimism among Bitcoin’s long-term supporters.
Featured image created with DALL-E, Chart from TradingView
Samuel Edyme
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.
Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.
Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.
When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)
Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.
In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.
Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think’s probably unfeasible, I’ve done already a hundredfold.”
PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.
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