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Will Bitcoin Plunge Before Climbing to $73k? The Critical Bear Market Levels to Watch

Bitcoin’s path to $73k might first require a gut-wrenching plunge through critical support levels. Learn which price points could trigger market panic.

bitcoin s critical support levels

How low could Bitcoin fall if the current downturn turns into a full bear market? The answer lies in several key price levels that analysts are watching closely as Bitcoin struggles to maintain its footing above essential support zones.

Bitcoin recently tumbled below the much-watched $100,000 mark, wiping out all gains made in 2025 and heading toward $90,000. This psychological barrier had acted like a protective floor, but once it cracked, selling pressure intensified considerably. Think of it like a dam breaking – once the water starts flowing, it’s hard to stop.

The next major checkpoint sits at $94,000, which experts consider the make-or-break level. This price point aligns with Bitcoin’s 365-day moving average at $93,000, creating a vital dividing line. If Bitcoin falls below this zone and stays there, it would signal that the party is officially over and a genuine bear market has begun.

Should the selling continue, $85,000 emerges as the next likely stopping point. This level shows strong order-book depth, meaning lots of buying and selling activity clusters here. It’s like a busy intersection where traffic naturally slows down. Many traders have placed their stop-losses and take-profits around this area, which could either cushion the fall or accelerate it further. The move from $89,000 down to this level is relatively free of intermediate resistance, creating potential for rapid declines.

The most concerning target for Bitcoin bears is $73,000. Technical analysis using regression channels points to this level as a potential bottom during a full bear market cycle. This price represents the previous all-time high from March, creating a significant psychological anchor point for investors. Past Bitcoin cycles demonstrate that breaks below major support levels frequently trigger prolonged bear markets, emphasizing the severity of this potential threshold breach. Understanding market emotions becomes crucial as fear can drive investors to make hasty decisions when prices fall sharply.

Even more dramatic is the $65,000 level, which represents the aggregate cost basis for short-term holders. If Bitcoin reaches this point, it would mean recent buyers are sitting on substantial losses, potentially triggering more panic selling.

The cryptocurrency’s fate now depends on whether it can hold above $94,000 and reclaim the $100,000 level. Breaking below these essential supports could release a cascade of selling that pushes Bitcoin toward those much lower targets, making the current correction look like just the beginning of a longer, more painful journey downward.

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