One of the few researchers who called Bitcoin’s 2025 top believe BTC it will drop when one important event occurs.
A well-known KillaXBT expert they tell us His 140,800 followers on X that Bitcoin may have given the stage to a break once increasing fear of the conflict in the Middle East caused a deep selloff across all markets.
“With all that said, these events are always more difficult when BTC is in a bear market.
I may be long-winded, but make no mistake about where we are in this line. As the Iran/Israel/US conflict escalates, the markets will continue, and that, my friends, is where BTC starts. ”
The seller he warns that Bitcoin may fall into the range of $50,000 if the top crypto economy and market cap fail to maintain the level of $64,700 as support.
“Based on the structure we are going to have, the monthly opening is $66,900, which is what you should see in the transaction/acceptance above.
However, the key areas for HTF (long term) are around $65,900 to $64,700. Lose that and the bulls can say goodbye, because $60,000 is coming. ”
Bitcoin is trading at $70,646 at the time of writing, down on the day.
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