Bitcoin has entered a new phase of market development, attracting attention from analysts and investors alike. Current data from TradingView shows a price drop to the 85,000-dollar level, confirming market weakness after the previous rally. However, this movement did not happen by chance.

At higher levels, a pronounced double top around 94,000 dollars had formed, often signaling a trend reversal. The market then reacted with a sharp decline, confirming respect for the main resistance created by the descending highs of the correction. Investors now face the question of where the next significant zone could halt or at least slow down the drop.

Bitcoin may fall to the main support

Bitcoin continues to react to technical levels with high precision. After the price was rejected at the 94,000-dollar resistance, sellers took control. The market confirmed that the correction is not a short-term fluctuation but rather a systematic cooldown. From a volume perspective, the most significant support area appears to be the price range from 72,000 to 56,000 dollars.

In this zone, significant transaction volumes were realized during 2024, increasing the likelihood of a price reaction. The current correction bottom from the all-time high represents a 36% decline. If the price reaches 72,000 dollars, the correction would reach approximately 43%, and at 56,000 dollars, about 55%. Such values correspond to deeper market purges that Bitcoin has repeatedly experienced in the past.

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Halving cycles confirmed investors’ expectations

A comparison of halving cycles provides interesting insights. The current peak formed at the same time interval from the last halving as in the two previous cycles. This supports the theory that the cyclical peak actually occurred already in October 2025. Bitcoin is now in the largest correction of the cycle, which has lasted for about three years.

Some analysts, based on historical data, also consider an extreme scenario of an 80% drop, which would imply a price around 25,000 dollars. However, this development does not currently represent the main scenario and investors do not need to consider it immediately. The market still has strong support zones that can significantly influence further development.

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