Bitcoin Price Warning: Potential Drop to $88K as Analysts Predict Major Correction
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Bitcoin faces potential correction to$88,000 as analysts warn of key support breakdown. Technical analysis, trading strategies, and market sentiment update.
The price of Bitcoin (BTC) is falling closer to US$106,000 after months of moving flat in the range of US$100,000-US$120,000 throughout 2025.
According to Glassnode's latest report, the largest crypto asset has the potential to undergo a deeper correction as it fails to maintain the important level of us$113,000 which is the psychological limit for short-term investors.
In its report, Glassnode explained that the level of US$113,000 is a short-term holdercost base, which is the average price of incoming investor purchases in the last 155 days.
This position became an important threshold for the continuation of the bullish trend. However, Bitcoin repeatedly failed to break through it, signaling the market momentum is beginning to weaken.
If this trend continues, Glassnode warns of the possibility of Bitcoin price correction up to US$88,000, which became realized price active investors.
This Level is often the bottom point during major correction phases, and was almost touched during the “tariff tantrum” correction in April 2025.
Consolidation Phase Continues
Overall, Glassnode assesses the Bitcoin market is currently entering a consolidation phase after the October Crisis. While the big panic appears to be easing, investor confidence and structural demand are still weak.
A stronger price recovery is expected only if investors ' confidence in Bitcoin's medium-term prospects reappears and behavior shifts from selling pressure to accumulation.
“The increased distribution of long-term holders and the high volume of transfers to exchanges signal a phase of demand exhaustion, suggesting that the market may need a longer period of consolidation to restore confidence.
Until long-term holders return to the accumulation phase, the recovery in price increases will most likely remain limited,” concluded Glassnode.
*Disclaimer:
The Analyses expressed on Umetonews are for informational purposes online.
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