Is Bitcoin’s Bottom Falling Out? Analysts Reveal Their Crystal Ball Predictions!

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In a most unfortunate turn of events, Bitcoin decided to indulge in a rather dramatic plunge this past February, nosediving to a staggering nadir of $60,000-an event that could only be described as a financial tragedy worthy of a Greek chorus. This catastrophic drop marked an astonishing loss of over 50% since the halcyon days of early October, when our beloved cryptocurrency basked in the glow of $126,000 like a debutante at her coming-out ball.

Miraculously, however, it has managed to claw its way back up by a cheeky 20%, now flirting with the $72,000 mark. But hold your applause! Some analysts, those eternal pessimists, warn that we are not yet out of the proverbial woods, and another major correction could be lurking just around the corner, ready to pounce like a cat on a hapless mouse. One such analyst has even graciously shared his preferred entry points for further Bitcoin acquisitions, as if we were all dying to know.

Buy at $50K?

The illustrious crypto seer Jelle, who boasts a following of over 115,000 on X-yes, that’s right, a veritable legion-has proclaimed that his buying strategy remains steadfastly unchanged. He aims to commence his purchasing spree at the mystical $50,000 threshold, convinced that the cryptocurrency is teetering on the brink of another decline. His reasoning? Why, the weekly RSI levels are still behaving quite atrociously-oversold, no less!

Plan remains the same.

Want to buy in the $50k region – but I’m prepared to be wrong.

Watching the weekly RSI closely.

Form a clear higher low; and that’ll be my DCA trigger instead.

Let’s see. $BTC

– Jelle (@CryptoJelleNL) March 25, 2026

Meanwhile, the ever-reliable CryptoPotato informs us that fellow analyst Merlijn The Trader has also weighed in, noting the wretchedly oversold levels for BTC according to the weekly RSI. After three previous instances of similar misery, he notes that whenever the RSI touches such depths of despair, one can expect an explosion of triple or even quadruple-digit gains in the ensuing months. A veritable rollercoaster ride, if you will.

But alas, whether we ascend to heavenly heights now depends entirely on maintaining the $65,000 support. Should Bitcoin falter here, it may very well plunge into uncharted territory, while the weekly RSI deepens its descent into despair.

Before we can even catch our breath, Jelle emphasizes that Bitcoin is currently languishing beneath a bear flag below a critical resistance level, predicting a return to the low $60,000s in the imminent future. If that occurs, the prospect of plummeting to the fabled $50,000 will grow exponentially, as if we were watching a tragic play unfold.

No Bottom Yet

And in a twist befitting the most dramatic of narratives, the ever-skeptical Doctor Profit-another high priest of crypto analysis-opines that Bitcoin has yet to find its bottom. With an air of foreboding, he predicts a dive even deeper, perhaps all the way down to the ominous realm of $40,000.

Yet, in a shocking display of optimism, he does concede that Bitcoin might experience a brief flirtation with upward movement in the short term, only to be met with a swift rejection at the lofty heights of $79,000-$84,000, leading to a further southward plunge of 50% or more. Just what we all needed-more reasons to clutch our pearls.

#Bitcoin: The rule is very simple

Bitcoin has not bottomed out, 40-48k is coming

Potential of an upside move in the short term

For this reason, placed short orders at 79-84k

– Doctor Profit (@DrProfitCrypto) March 24, 2026

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2026-03-25 14:29