Bitcoin Has 'High Probability' Of Crashing Below $60,000 If It Stays Below This Level, Says Analyst, But The Fall Could Be Even Steeper

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

A renowned cryptocurrency analyst shared a cautious perspective on Bitcoin’s (CRYPTO: BTC) price on Sunday, hinting at a sharp drop from the current levels.

Big Drawdown Incoming For BTC?

Ali Martinez, known for scrutinizing chart patterns on-chain signals, said in an X post that if Bitcoin continues to trade below the Short-Term Holder Realized Price of $111,937, there’s a higher likelihood of it moving toward the Realized Price at $56,145 or even the Long-Term Holder Realized Price at $37,815.

Don’t Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?

The Short-Term Holder Realized Price, or STH, represents the average cost price of investors who have held their coins for less than 155 days, according to Glassnode. Similarly, the Long-Term Holder Realized Price is the average cost price of Bitcoin older than 155 days. These indicators often act as key resistance and support levels for Bitcoin.

‘Base-Building’ Before Next Leg Up?

Meanwhile, Coinbase Institutional suggested that the October sell-off may have been a necessary “reset” for the cryptocurrency market.

“Excess leverage is flushed, fundamentals remain intact, and institutional players are quietly rotating back in,” Coinbase Institutional said. “We think this is the base-building phase before the next leg up, not a cycle top.”

Coinbase institutional predicted a “gradual increase” in Bitcoin dominance, projecting its price to fluctuate between $90,000 and $160,000 over the next three to six months.

See Also: Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse — Invest Now at Just $0.81 a Share

Will Things Get Better?

Bitcoin and other leading cryptocurrencies rallied overnight Sunday, fueled by hopes of the end of the federal shutdown. The apex digital asset reclaimed $106,000, wiping out losses from earlier in the week.

繼續閱讀

Cathie Wood, CEO of ARK Invest, remains bullish on the token despite recent challenges. She reaffirmed her $1 million price target for Bitcoin, attributing it to the growth of stablecoins, which recently surpassed $300 billion in total market value.

Photo Courtesy: vinnstock on Shutterstock.com

Trending Now:

Wall Street's $12B Real Estate Manager Is Opening Its Doors to Individual Investors — Without the Crowdfunding Middlemen Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share.

Building Wealth Across More Than Just the Market

Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry.

Arrived

Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.

Vinovest

Vinovest lets investors diversify into fine wine — a historically stable, low-volatility asset class that has outperformed the S&P 500 over multiple decades. With professionally managed portfolios, secure storage, and insurance included, users can invest in wine without needing to be experts themselves. Minimums start at $1,000, and investors retain full ownership of their wine, which has the potential to appreciate in value as global demand grows.

Worthy Bonds

For those seeking fixed-income style returns without Wall Street complexity, Worthy Property Bonds offers SEC-qualified, interest-bearing bonds starting at just $10. Investors earn a fixed 7% annual return, with funds deployed to small U.S. businesses. The bonds are fully liquid, meaning you can cash out anytime, making them attractive for conservative investors looking for steady, passive income.

IRA Financial

Self-directed investors looking to take greater control of their retirement savings may consider IRA Financial. The platform enables you to use a self-directed IRA or Solo 401(k) to invest in alternative assets such as real estate, private equity, or even crypto. This flexibility empowers retirement savers to go beyond traditional stocks and bonds, building diversified portfolios that align with their long-term wealth strategies.

Moomoo Idle Cash

Moomoo isn't just for trading — it's also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash, combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock—but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets.

SoFi Alt Investments

SoFi gives members access to a wide range of professionally managed alternative funds, covering everything from commodities and private credit to venture capital, hedge funds, and real estate. These funds can provide broader diversification, help smooth out portfolio volatility, and potentially boost total returns over time. Many of the funds have relatively low minimums, making alternative investing accessible.

Range Wealth Management

Range Wealth Management takes a modern, subscription-based approach to financial planning. Instead of charging asset-based fees, the platform offers flat-fee tiers that provide unlimited access to fiduciary advisors along with AI-powered planning tools. Investors can link their accounts without moving assets, while higher-level plans unlock advanced support for taxes, real estate, and multi-generational wealth strategies. This model makes Range especially appealing to high-earning professionals who want holistic advice and predictable pricing.

American Hartford Gold

For investors concerned about inflation or seeking portfolio protection, American Hartford Gold provides a simple way to buy and hold physical gold and silver within an IRA or direct delivery. With a minimum investment of $10,000, the platform caters to those looking to preserve wealth through precious metals while maintaining the option to diversify retirement accounts. It's a favored choice for conservative investors who want tangible assets that historically hold value during uncertain markets.

This article Bitcoin Has 'High Probability' Of Crashing Below $60,000 If It Stays Below This Level, Says Analyst, But The Fall Could Be Even Steeper originally appeared on Benzinga.com

查看留言