Bitcoin price is under pressure, dropping to as low as $82,500 on February 26. Will the BTC price reach $74,000? Investors turning to BTC Bull.
You’d need “diamond hands” not to sell Bitcoin this week. The world’s most valuable crypto has shed over $10,000 in less than four days since Monday.
After slipping from a BTC price around $96,000, bears breached $90,000 with ease, driving prices as low as $82,500 on February 26, 2025.
Consequently, the total market cap dropped 3.8% to $2.97 trillion, falling below the psychological $3 trillion threshold, looking at Coingecko. Amid this, the Bitcoin market share is rising to 57.6% at press time.
In this distressing period for crypto investors, the question looms: Will Bitcoin plummet to its 2021 high of $74,000 for a retest, or will it rebound, shrugging off current weakness?
Bitcoin Price Heading Back Down to $74,000?
On the daily chart, Bitcoin price is locked in a bearish breakout formation. After three days of sharp lower lows, the coin broke below the multi-month support at $90,000.
This level was critical, forming the bull flag base established in January and December when prices retreated from around $109,000.
The sell-off could signal the start of another wave of declines, potentially pushing Bitcoin to $74,000 and its early November 2024 trading range.
( btcusdT )
Whether this happens hinges on today’s price action. Confirmation of yesterday’s losses could trigger panic selling, especially if BTC loses $80,000.
Should that occur, the odds of retesting $74,000 rise significantly—a scenario other analysts also recognize.
Such a drop to 2021 highs wouldn’t be a surprise; it aligns with Bitcoin’s historical corrections from all-time highs, often ranging between 20% and 30%, and sometimes even 50%.
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Fundamentally, the weakness could persist if the Federal Reserve holds off on cutting interest rates this quarter. Likewise, if Donald Trump adopts a hardline stance—imposing tariffs on allies—the resulting economic uncertainty might divert capital from “risky” assets like Bitcoin to Treasuries.
Still, it’s not all doom and gloom.
One analyst on X says Bitcoin could find support between $80,000 and $85,000, the average cost basis for short-term holders.
Looking at the previous consolidation phase, the current level of $80K (a 15% deviation from the STH Cost Basis) represents a strong support zone. pic.twitter.com/uZ4iKH6WSc
— Axel 💎🙌 Adler Jr (@AxelAdlerJr) February 26, 2025
BTC Price Fuels Rotation to BTC Bull: Is This the Best Coin to Buy?
Despite the downturn, Bitcoin supporters remain optimistic about the future.
Investors are exploring alternatives, and BTC Bull stands out.
Designed to capitalize on the recent Bitcoin boom, BTC Bull blends meme coin appeal with BTC’s potential, emerging as one of the best cryptos to buy now.
In the ongoing presale, BTC Bull has raised over $2.9 million. The utility token, BTCBULL, trades at $0.002385 but is set to increase within the next two hours.
The project will burn BTCBULL tokens whenever Bitcoin rises by $25,000, reducing supply and potentially boosting prices. Additionally, BTC Bull will airdrop BTC to holders when Bitcoin hits key milestones.
Launched when BTC crossed $100,000, the project plans to burn a portion of its supply at $125,000.
When Bitcoin reaches $150,000, token holders will receive their first BTC airdrop, with more burns at $175,000.
This model is exciting for investors, and with analysts boldly predicting Bitcoin could hit $1,000,000, it’s clear why BTCBULL is one of the best meme coins to buy for Q1 2025.
In addition to the prospects of earning even more free BTC, you can buy BTCBULL now and stake, earning a 149% APY.
Best Wallet is available on Google Play or the Apple App Store .
Stay updated and connect with the rapidly growing BTC Bull Token community on X and Telegram .
Learn more about BTC Bull Token
EXPLORE: The History Books Will Remember Crypto 2025: But What’s The Best New Crypto to Buy?
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Bitcoin falls, will it drop to $74,000? Investors turn to BTC Bull
- Bitcoin under pressure, drops to as low as $82,500
- Analysts expect the worst, will BTC hit $74,000?
- BTC Bull presale raises over $2.9 million
