Bitcoin faces a major drop as selling pressure spikes, warns 10X Research. Analysts predict BTC could fall to $73,000 soon. Here’s why:
Key Points:
- Market Crash Risks Rise: Experts compare today’s shaky market to past crypto crashes in 2017 and 2021.
- Hype Cycles Repeat: Past bull runs saw trends like XRP (2017), DeFi/NFTs (2021), and now meme coins (2025) drive excitement—before crashing.
- Bitcoin Down 14% This Week: Prices slid after the U.S. government announced it would hold seized Bitcoin instead of buying more, scaring off big investors.
Why It Matters:
Markus Thielen, head researcher at 10X Research, warns, “Losses can explode fast when markets weaken. Manage risks now.” Without new buyers, selling could push Bitcoin lower.
The Bottom Line:
Bitcoin’s future looks rocky. History shows hype-driven rallies often end badly. Stay cautious and watch key price levels like $73,000.
Updated: March 11, 2025 | 2 min read