Bitcoin Bottom Watch: Analysts Flag Two Critical Support Levels to Monitor
Bitcoin's price rollercoaster has traders scrambling for support levels—and analysts say these two zones could make or break the next rally.
Where's the floor? Crypto's wild volatility isn't for the faint-hearted, but seasoned traders know crashes often find footing at predictable technical levels. This time? Watch these two price points like a hawk.
Institutional vs. emotional traders: While hedge funds quietly accumulate at key supports, retail investors keep panic-selling at the worst possible moments—classic 'buy high, sell low' behavior Wall Street loves to exploit.
Remember: markets move in cycles, not straight lines. Today's bloodbath could be tomorrow's buying opportunity—if you've got the stomach for it. Just don't expect your financial advisor to understand (they're still waiting for their Bitcoin ETF approval).
Bitcoin has fallen below $97,000 once again, raising new fears across the market as more than $1.1 billion in long positions were liquidated within 24 hours. This marks the third time in a month that Bitcoin has slipped under this zone
. With sentiment weakening fast, the biggest question now dominating the market is simple: How low can bitcoin really fall from here?
Analysts Identify Two Danger Zones Ahead
Crypto analyst Axel Adler Jr has highlighted two critical levels that could decide Bitcoin’s next major move, and both levels carry serious weight.
The first key support sits NEAR $87,000, a zone identified using what Adler calls a “conservative Bitcoin valuation model.”
This model, scoring 95/100 in back testing, is based entirely on on-chain activity and explains 87% of Bitcoin’s price behavior. Because of this, the $87K level is viewed as a strong, fundamentally backed support.
The most critical question that will concern all investors right now: how DEEP will the market correction go in this bear phase?
I've identified two critical levels:
Level 1 = $87K
Level 2 = $74K
Why specifically $87K was discussed last week when I covered the conservative… pic.twitter.com/tsKplZdPGe
But the real fear comes from the second major support level at $74,000, a zone analysts call the “panic level.” If Bitcoin falls this far, it WOULD likely trigger a deeper emotional sell-off across the market.
Repeating Bear Signal From Past Cycles
Adding more concern, analyst Ted pointed out that Bitcoin is showing a familiar pattern seen in three major bear markets, 2014, 2017, and 2021.
In all three cases, the real downturn began right after a death cross, where the short-term moving average falls below the long-term one.
Ted warns that the same pattern is forming again in 2025, showing an almost identical setup. If history repeats, Bitcoin could be entering the early stage of another big correction.
MicroStrategy Suddenly Starts Selling Bitcoin After 2 Years
The panic grew even stronger after MicroStrategy, led by Michael Saylor, suddenly began selling Bitcoin for the first time in two years.
The company has reportedly dumped 33,000 BTC worth $3.2 billion, and on-chain data shows they are continuing to sell in small batches every few minutes.
This is shocking because MicroStrategy has always presented itself as Bitcoin’s biggest corporate believer. Their sudden shift from buyer to seller during a weak market has raised serious concerns.
What Next For Bitcoin?
For Bitcoin to avoid a deeper correction, it must reclaim the $100K–$105K zone soon.
If it fails, analysts warn the market could be forced to test $87K, and if panic accelerates, even $74K could come into play.
As of now, bitcoin is trading around $97,100, reflecting a drop of 5.8% seen in the last 24 hours.
