Bitcoin's price trajectory remains uncertain as analysts debate its next move following a significant drop. Over the past 24 hours, Bitcoin fell over 7% to $85,000, while Ethereum declined more than 8% to $2,700. Analyst Mr. Wall Street has adjusted his bearish forecast, predicting Bitcoin could fall to $68,000 in the coming weeks and potentially reach $48,000 by Q4 2026. Meanwhile, Crypto Nova suggests a short-term relief bounce might occur, but warns of a possible lower high if the bearish trend persists.
Analysts Split on Bitcoin's Next Price Direction Amid Decline
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