How low can the Bitcoin price go?

Analysts warn that Bitcoin is not in the clear yet, raising the chance of further price downside to the $60,000 level.

Bitcoin (BTC) fell to a four-month low of $74,500 on April 7, and data suggests that the price may not have bottomed yet.

Investors dumped risk assets after US President Donald Trump doubled down on his plan to impose global tariffs over the weekend, triggering a $9.5 trillion wipeout in global equity markets.

BTC/USD vs. TOTAL crypto market cap, S&P 500, and MSCI World index one-year performance. Source: TradingView

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