Crypto expert Phila predicted this Bitcoin price they could see a major drop to $55,000 after breaking the 14-year support level. This comes amid the fall of BTC below the emotional level of $80,000, and the leading crypto is now at risk of falling to a new low.
Analyst Predicts Bitcoin Price to Fall to $55,000 Amid Crash
In a X postPhila said that the price of Bitcoin has just broken a support level that has existed for 14 years, saying that it has been there before. bears. The expert pointed out that this is not just jumping, straightening, or shaking, but acceptance is happening in real time. Its next chart showed that the leading crypto could drop to $55,000 following a break below the key support level.
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Meanwhile, the analyst highlighted his profile, saying that he called $16,000 down in 2022 and above the price of Bitcoin in October 2025. Accordingly, he suggested that market participants should prepare accordingly, since his prediction of a drop of $ 55,000 may occur.
In China X postPhila said that the price of Bitcoin was predicting the price of 2021, with two highs, lows, and lows. He said that there was also a support rally in 2021 that looked like a bottom, but it wasn’t a bottom, and anyone who bought BTC before that rally saw losses on the next leg down.
Similarly, the price of Bitcoin is also in a help sectionand many market participants believe that the February 2026 low of $60,000 was down. He added that many think the worst is over, but $50,000 is on the table and his fractal has never missed a beat.
The Most Important Level to See Here
Crypto analyst Ali Martinez said that $77,800 is the key level to watch on the price of Bitcoin at the time. This happened when he explained a a well-known method that has happened during the low period and that BTC has risen to test the upper limit of the system around $77,800.
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The analyst also predicted that a change in the sector to support could pave the way for Bitcoin’s price to hover around $79,000. However, if BTC fails to break above this level, then it may see a healthy retracement back to the channel to collect money. Martinez added that the main levels to watch for a breakout are between $76,900 and a channel below $76,000.
At the time of writing, the price of Bitcoin is trading at around $77,500, down from the previous 24 hours, according to data from CoinMarketCap.
Image taken from Pixabay, chart from Tradingview.com
