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Ethereum Ethereum (ETH) $3,655.62 ↓ -1.98%
XRP XRP (XRP) $3.09 ↓ -4.71%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.05%
BNB BNB (BNB) $776.37 ↓ -0.55%
Solana Solana (SOL) $182.69 ↓ -3.13%
USDC USDC (USDC) $1.00 ↓ -0.02%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -4.59%
TRON TRON (TRX) $0.32 ↑ 0.29%
Cardano Cardano (ADA) $0.80 ↓ -2.68%
Hyperliquid Hyperliquid (HYPE) $42.94 ↑ 0.31%
Sui Sui (SUI) $3.84 ↑ 0.22%
Stellar Stellar (XLM) $0.42 ↓ -3.54%
Chainlink Chainlink (LINK) $17.78 ↓ -3.44%
Bitcoin Cash Bitcoin Cash (BCH) $539.76 ↑ 4.48%
Hedera Hedera (HBAR) $0.25 ↑ 3.29%
Avalanche Avalanche (AVAX) $23.47 ↓ -2.72%
Litecoin Litecoin (LTC) $111.61 ↓ -1.43%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.05%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -1.34%
Toncoin Toncoin (TON) $3.14 ↓ -0.85%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.06%
Polkadot Polkadot (DOT) $4.00 ↓ -2.07%
Uniswap Uniswap (UNI) $10.15 ↓ -2.79%
Monero Monero (XMR) $323.85 ↑ 0.56%
Dai Dai (DAI) $1.00 ↑ 0.01%
Bitget Token Bitget Token (BGB) $4.51 ↓ -2.81%
Pepe Pepe (PEPE) $0.00 ↓ -4.26%
Aave Aave (AAVE) $290.17 ↓ -0.89%
Cronos Cronos (CRO) $0.13 ↑ 0.96%
Bittensor Bittensor (TAO) $415.02 ↓ -3.58%
Ethena Ethena (ENA) $0.54 ↑ 10.58%
Pi Pi (PI) $0.44 ↓ -0.82%
NEAR Protocol NEAR Protocol (NEAR) $2.74 ↓ -1.20%
Ethereum Classic Ethereum Classic (ETC) $22.15 ↓ -2.90%
Ondo Ondo (ONDO) $1.02 ↓ -4.14%
Aptos Aptos (APT) $4.67 ↓ -1.24%
Internet Computer Internet Computer (ICP) $5.47 ↓ -2.09%
OKB OKB (OKB) $47.82 ↓ -1.32%
Bonk Bonk (BONK) $0.00 ↓ -1.32%
Kaspa Kaspa (KAS) $0.10 ↓ -2.89%
Mantle Mantle (MNT) $0.76 ↑ 0.10%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -2.54%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -4.01%
Algorand Algorand (ALGO) $0.26 ↓ -2.64%
Arbitrum Arbitrum (ARB) $0.43 ↓ -1.99%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.07%
GateToken GateToken (GT) $17.56 ↓ -0.37%
VeChain VeChain (VET) $0.03 ↓ -1.16%
Render Render (RENDER) $4.05 ↓ -2.82%
Worldcoin Worldcoin (WLD) $1.13 ↓ -3.53%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.88 ↓ -1.88%
Sky Sky (SKY) $0.09 ↑ 5.73%
Sei Sei (SEI) $0.32 ↓ -1.95%
Cosmos Cosmos (ATOM) $4.59 ↓ -2.57%
Filecoin Filecoin (FIL) $2.58 ↓ -2.13%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.72 ↓ -1.98%
SPX6900 SPX6900 (SPX) $1.74 ↓ -8.49%
Jupiter Jupiter (JUP) $0.54 ↓ -2.96%
Story Story (IP) $5.28 ↑ 0.35%
Flare Flare (FLR) $0.02 ↓ -8.56%
KuCoin Token KuCoin Token (KCS) $12.02 ↓ -0.88%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Quant Quant (QNT) $119.36 ↓ -2.40%
XDC Network XDC Network (XDC) $0.09 ↑ 0.23%
Curve DAO Token Curve DAO Token (CRV) $0.99 ↑ 0.52%
Celestia Celestia (TIA) $1.86 ↓ -1.38%
Injective Injective (INJ) $13.39 ↓ -3.36%
Four Four (FORM) $3.41 ↓ -4.57%
Fartcoin Fartcoin (FARTCOIN) $1.28 ↓ -9.30%
Stacks Stacks (STX) $0.78 ↓ -2.12%
Optimism Optimism (OP) $0.70 ↓ -2.11%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.62%
Immutable Immutable (IMX) $0.55 ↓ -2.08%
dogwifhat dogwifhat (WIF) $1.03 ↓ -3.85%
Ethereum Name Service Ethereum Name Service (ENS) $27.94 ↓ -4.40%
The Graph The Graph (GRT) $0.10 ↓ -2.13%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.51 ↓ -4.26%
Kaia Kaia (KAIA) $0.16 ↓ -3.35%
Lido DAO Lido DAO (LDO) $1.07 ↓ -2.72%
Conflux Conflux (CFX) $0.19 ↑ 4.44%
PAX Gold PAX Gold (PAXG) $3,349.76 ↓ -0.84%
Sonic Sonic (S) $0.33 ↓ -3.47%
PancakeSwap PancakeSwap (CAKE) $2.67 ↓ -0.09%
Tezos Tezos (XTZ) $0.86 ↓ -3.30%
Vaulta Vaulta (A) $0.57 ↓ -2.57%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -14.03%
Nexo Nexo (NEXO) $1.33 ↑ 0.73%
Theta Network Theta Network (THETA) $0.86 ↓ -2.57%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.04%
Tether Gold Tether Gold (XAUt) $3,342.37 ↓ -0.93%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -3.82%
IOTA IOTA (IOTA) $0.20 ↓ -1.00%
Raydium Raydium (RAY) $2.93 ↓ -6.42%
Gala Gala (GALA) $0.02 ↓ -2.36%
The Sandbox The Sandbox (SAND) $0.30 ↓ -1.47%
Aerodrome Finance Aerodrome Finance (AERO) $0.87 ↓ -4.15%
Pendle Pendle (PENDLE) $4.45 ↑ 0.06%
Pyth Network Pyth Network (PYTH) $0.12 ↓ -1.59%
Jito Jito (JTO) $1.93 ↓ -5.01%
Bitcoin Bitcoin (BTC) $116,827.13 ↓ -1.90%
Ethereum Ethereum (ETH) $3,655.62 ↓ -1.98%
XRP XRP (XRP) $3.09 ↓ -4.71%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.05%
BNB BNB (BNB) $776.37 ↓ -0.55%
Solana Solana (SOL) $182.69 ↓ -3.13%
USDC USDC (USDC) $1.00 ↓ -0.02%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -4.59%
TRON TRON (TRX) $0.32 ↑ 0.29%
Cardano Cardano (ADA) $0.80 ↓ -2.68%
Hyperliquid Hyperliquid (HYPE) $42.94 ↑ 0.31%
Sui Sui (SUI) $3.84 ↑ 0.22%
Stellar Stellar (XLM) $0.42 ↓ -3.54%
Chainlink Chainlink (LINK) $17.78 ↓ -3.44%
Bitcoin Cash Bitcoin Cash (BCH) $539.76 ↑ 4.48%
Hedera Hedera (HBAR) $0.25 ↑ 3.29%
Avalanche Avalanche (AVAX) $23.47 ↓ -2.72%
Litecoin Litecoin (LTC) $111.61 ↓ -1.43%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.05%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -1.34%
Toncoin Toncoin (TON) $3.14 ↓ -0.85%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.06%
Polkadot Polkadot (DOT) $4.00 ↓ -2.07%
Uniswap Uniswap (UNI) $10.15 ↓ -2.79%
Monero Monero (XMR) $323.85 ↑ 0.56%
Dai Dai (DAI) $1.00 ↑ 0.01%
Bitget Token Bitget Token (BGB) $4.51 ↓ -2.81%
Pepe Pepe (PEPE) $0.00 ↓ -4.26%
Aave Aave (AAVE) $290.17 ↓ -0.89%
Cronos Cronos (CRO) $0.13 ↑ 0.96%
Bittensor Bittensor (TAO) $415.02 ↓ -3.58%
Ethena Ethena (ENA) $0.54 ↑ 10.58%
Pi Pi (PI) $0.44 ↓ -0.82%
NEAR Protocol NEAR Protocol (NEAR) $2.74 ↓ -1.20%
Ethereum Classic Ethereum Classic (ETC) $22.15 ↓ -2.90%
Ondo Ondo (ONDO) $1.02 ↓ -4.14%
Aptos Aptos (APT) $4.67 ↓ -1.24%
Internet Computer Internet Computer (ICP) $5.47 ↓ -2.09%
OKB OKB (OKB) $47.82 ↓ -1.32%
Bonk Bonk (BONK) $0.00 ↓ -1.32%
Kaspa Kaspa (KAS) $0.10 ↓ -2.89%
Mantle Mantle (MNT) $0.76 ↑ 0.10%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -2.54%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -4.01%
Algorand Algorand (ALGO) $0.26 ↓ -2.64%
Arbitrum Arbitrum (ARB) $0.43 ↓ -1.99%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.07%
GateToken GateToken (GT) $17.56 ↓ -0.37%
VeChain VeChain (VET) $0.03 ↓ -1.16%
Render Render (RENDER) $4.05 ↓ -2.82%
Worldcoin Worldcoin (WLD) $1.13 ↓ -3.53%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.88 ↓ -1.88%
Sky Sky (SKY) $0.09 ↑ 5.73%
Sei Sei (SEI) $0.32 ↓ -1.95%
Cosmos Cosmos (ATOM) $4.59 ↓ -2.57%
Filecoin Filecoin (FIL) $2.58 ↓ -2.13%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.72 ↓ -1.98%
SPX6900 SPX6900 (SPX) $1.74 ↓ -8.49%
Jupiter Jupiter (JUP) $0.54 ↓ -2.96%
Story Story (IP) $5.28 ↑ 0.35%
Flare Flare (FLR) $0.02 ↓ -8.56%
KuCoin Token KuCoin Token (KCS) $12.02 ↓ -0.88%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Quant Quant (QNT) $119.36 ↓ -2.40%
XDC Network XDC Network (XDC) $0.09 ↑ 0.23%
Curve DAO Token Curve DAO Token (CRV) $0.99 ↑ 0.52%
Celestia Celestia (TIA) $1.86 ↓ -1.38%
Injective Injective (INJ) $13.39 ↓ -3.36%
Four Four (FORM) $3.41 ↓ -4.57%
Fartcoin Fartcoin (FARTCOIN) $1.28 ↓ -9.30%
Stacks Stacks (STX) $0.78 ↓ -2.12%
Optimism Optimism (OP) $0.70 ↓ -2.11%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.62%
Immutable Immutable (IMX) $0.55 ↓ -2.08%
dogwifhat dogwifhat (WIF) $1.03 ↓ -3.85%
Ethereum Name Service Ethereum Name Service (ENS) $27.94 ↓ -4.40%
The Graph The Graph (GRT) $0.10 ↓ -2.13%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.51 ↓ -4.26%
Kaia Kaia (KAIA) $0.16 ↓ -3.35%
Lido DAO Lido DAO (LDO) $1.07 ↓ -2.72%
Conflux Conflux (CFX) $0.19 ↑ 4.44%
PAX Gold PAX Gold (PAXG) $3,349.76 ↓ -0.84%
Sonic Sonic (S) $0.33 ↓ -3.47%
PancakeSwap PancakeSwap (CAKE) $2.67 ↓ -0.09%
Tezos Tezos (XTZ) $0.86 ↓ -3.30%
Vaulta Vaulta (A) $0.57 ↓ -2.57%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -14.03%
Nexo Nexo (NEXO) $1.33 ↑ 0.73%
Theta Network Theta Network (THETA) $0.86 ↓ -2.57%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.04%
Tether Gold Tether Gold (XAUt) $3,342.37 ↓ -0.93%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -3.82%
IOTA IOTA (IOTA) $0.20 ↓ -1.00%
Raydium Raydium (RAY) $2.93 ↓ -6.42%
Gala Gala (GALA) $0.02 ↓ -2.36%
The Sandbox The Sandbox (SAND) $0.30 ↓ -1.47%
Aerodrome Finance Aerodrome Finance (AERO) $0.87 ↓ -4.15%
Pendle Pendle (PENDLE) $4.45 ↑ 0.06%
Pyth Network Pyth Network (PYTH) $0.12 ↓ -1.59%
Jito Jito (JTO) $1.93 ↓ -5.01%
Home Cryptocurrency

Bitcoin Price Correction: Could It Drop to $85,000?

Lois Zaytsaw by Lois Zaytsaw
25 January 2025
in Cryptocurrency, News
Reading Time: 3 mins read
0
Bitcoin reflecting a potential price correction to 85000. The image features a large glowing Bitcoin symbol with downw

As Bitcoin (BTC) consolidates around the $104,000 level, analysts are warning of a potential drop to $85,000 by April 2025. Technical indicators suggest that breaking key support levels could lead to deeper losses, leaving investors closely monitoring market trends and critical price levels.

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Table of Contents

Toggle
  • Recent Bitcoin Price Trends
    • YOU MAY BE INTERESTED
    • BREAKING: OSL Group Secures $300M to Build the Future of Regulated Crypto in Asia
    • LOFI’s Run Is Over – Is MoonBull the Next Top Meme Coin to Watch? 
  • Factors Behind Bitcoin’s Decline
  • The $85,000 Scenario
  • Key Support and Resistance Levels to Watch
  • Technical Indicators to Monitor

Recent Bitcoin Price Trends

Bitcoin is currently trading at $104,430, following a minor dip from its daily high of $107,006 on January 25, according to CoinGecko. Popular crypto analyst Ansem predicts that BTC may retreat to $85,000 earlier than expected, shifting the timeline from August 2025 to April 2025. This outlook has sparked concern among investors.

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Factors Behind Bitcoin’s Decline

Bitcoin’s recent pullback can be attributed to several factors:

  • Market Consolidation: BTC appears to be in an accumulation phase, potentially preceding a strong bullish trend.
  • Profit-Taking: Short-term investors cashing out gains are putting pressure on the price.
  • Macroeconomic Uncertainty: Global economic instability and regulatory developments are influencing market sentiment.

The $85,000 Scenario

Ansem’s analysis highlights the possibility of Bitcoin dropping to $85,000 by April 2025 if it mimics similar price patterns observed in April 2024. A break below the $90,000 level could trigger a sharp decline to this critical support zone, which may present accumulation opportunities for long-term investors. However, a move to this level could also prompt a broader market sell-off.

Key Support and Resistance Levels to Watch

Technical indicators and critical levels suggest the following scenarios for Bitcoin:

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  • Support at $102,000: Losing this level could accelerate downward momentum.
  • Support at $99,100 – $96,700: This range could attract buyers, slowing the decline.
  • Critical Level at $92,700: A failure to hold this area could lead to a sharp drop to $85,000.

If BTC maintains support at $102,000, a recovery toward $110,000 could be possible. Breaking this resistance may signal the beginning of a new bullish trend.

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Technical Indicators to Monitor

  • 30-Day MVRV Ratio: Currently in a risky zone, indicating that profit-taking may continue.
  • Volume Trends: A decrease in trading volume could signify weakening support at critical levels.

For the latest updates on Bitcoin and other cryptocurrency trends, follow Turkish NY Radio, your trusted source for crypto insights.

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Lois Zaytsaw

Lois Zaytsaw

Content Editor, News Meet Lois, a dynamic Crypto, Blockchain, and Finance Writer/Journalist based in the bustling metropolis of New York City. With a passion for technology and a keen understanding of finance, Lois has been covering the latest developments in the world of cryptocurrency and blockchain for several years. Her insightful articles have been featured in numerous leading publications, including The Wall Street Journal, Bloomberg, and CryptoBriefing. Lois' fascination with blockchain and cryptocurrency began during her time as a student at university, where she studied economics and computer science. She was drawn to the disruptive potential of blockchain technology to revolutionize the traditional financial industry, and since then, she has been following the latest trends and innovations in the space.

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