{"id":5821,"date":"2025-07-08T18:13:15","date_gmt":"2025-07-08T18:13:15","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/50-bitcoin-price-crash-on-the-horizon-analyst-reveals-60000-target\/"},"modified":"2025-07-08T18:13:15","modified_gmt":"2025-07-08T18:13:15","slug":"50-bitcoin-price-crash-on-the-horizon-analyst-reveals-60000-target","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/50-bitcoin-price-crash-on-the-horizon-analyst-reveals-60000-target\/","title":{"rendered":"50% Bitcoin Price Crash On The Horizon? Analyst Reveals $60,000 Target"},"content":{"rendered":"<p class=\"p2\">Despite the Bitcoin price holding up quite nicely above $100,000 and remaining very close to its all-time high levels, there continues to be expectations of a massive crash that would rock the market. Pseudonymous crypto analyst FriendlyRox points to a number of indicators for this, going from volume to momentum, all pointing to a possible price crash. What is the expected result of this? Losing the $100,000 psychological level and then falling to previous peaks.<\/p>\n<h2 class=\"p2\">Bitcoin Price At Risk With Dwindling Volume And Momentum<\/h2>\n<p class=\"p2\">In the analysis, FriendlyRox <a href=\"https:\/\/www.tradingview.com\/chart\/BTCUSD\/pxvKsa8o-BTC-monthly-yelling-at-us-for-something-interesting\/\" rel=\"nofollow noopener\" target=\"_blank\">highlighted<\/a> the decline in major metrics such as momentum and volume as the major driver of the forecasted price crash. This comes amid <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-could-resume-uptrend-105000-support\/\" rel=\"nofollow noopener\" target=\"_blank\">bullish news dominating the headlines<\/a>, such as institutions increasing their Bitcoin holdings and supply on exchanges falling toward new lows, meaning investors are choosing to hold for higher prices.<\/p>\n<p class=\"p2\">The decline in the volume has been apparent after the Bitcoin price had fallen below $100,000 before bouncing back up in June. So far, in the month of July, the Bitcoin trading volumes have trended lower, with data from Coinglass showing consistent daily volumes below $100 billion. At the same time, there has also been a decline in momentum, with the analyst pointing out a negative divergence in this metric.<\/p>\n<p class=\"p2\">Furthermore, the Bitcoin price has also flashed a historical trend that has usually predated market tops. This is price reaching the 50 EMA (Exponential Moving Average) and then retracing. FriendlyRox revealed that in the past, whenever the <a href=\"https:\/\/bitcoinist.com\/bitcoin-cycle-top-finder\/\" rel=\"nofollow noopener\" target=\"_blank\">price touched the 50 EMA<\/a> and then extended back, it usually signalled a crash, and the Bitcoin price has done this now, extending even further.<\/p>\n<p class=\"p2\">Other metrics that have also flashed bearishness include the RSI and the MACD, both of which are now showing a loss of momentum as they moved into the negative. All of these factors happening together at the same time have painted a pretty bleak picture for the leading cryptocurrency by market cap.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-medium wp-image-784306\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-07-at-06.09.44.png?w=750&#038;resize=750%2C285\" alt=\"Bitcoin price crash\" width=\"750\" height=\"285\" \/><\/p>\n<h2 class=\"p2\">BTC Bottom Targets<\/h2>\n<p class=\"p2\">With the lineup of bearish developments, the crypto analyst has predicted an approximately 50% from here. As volume continues to decrease and momentum slides into the negative, they expect that the Bitcoin price will be looking to retrace back to the 50 EMA.<\/p>\n<p class=\"p2\">The interesting fact here is that the 50 EMA falls below the previous Bitcoin price peak, putting it at $60,000. A crash of this magnitude would only be rivaled by the COVID crash in 2020 and the FTX-induced market crash back in 2022. But nevertheless, it would mean a wipeout for altcoins across the board.<\/p>\n<p class=\"p2\">As for the timeframe for when this could happen, there is no definite timeline. Going by the analyst\u2019s chart, it could take a couple of years for this to completely play out, with the analyst closing with: \u201cLet us see how it unfolds.\u201d<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/v1WYdPfn\/\" alt=\"Bitcoin price chart from TradingView.com\" width=\"3286\" height=\"1472\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite the Bitcoin price holding up quite nicely above $100,000 and remaining very close to its all-time high levels, there continues to be expectations of a massive crash that would rock the market. Pseudonymous crypto analyst FriendlyRox points to a number of indicators for this, going from volume to momentum, all pointing to a possible&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119],"tags":[56,55,69,61,120,121,70,62],"class_list":["post-5821","post","type-post","status-publish","format-standard","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5821"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5821\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}