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How Far Can Bitcoin (BTC) Fall? The analyst answered, announced the events that could start the rise!
While Bitcoin*** has been going through difficult times in recent days, investors are looking for answers to the questions "Will the decline continue? when will the rise begin?"
However, the prospects for BTC are not very encouraging. Analysts note that the decline may continue.
While expectations continue to be bearish, analysts state that the rise in Japan bond yields and their rise to the highest level since 2008 increases the risk for BTC.
At this point, analysts note that the rise in Japanese bond yields and the possibility of Bank of Japan raising interest rates have led to concerns that there could be a significant correction in BTC.
The rise in Japanese bond yields, combined with geopolitical and economic uncertainty, ongoing tariff wars, and the cautious stance of the Federal Reserve regarding rate cuts in 2025, is contributing to the potential decline in the value of Bitcoin.
Speaking to Coindesk, BTSE Chief Operating Officer Jeff Mei said that Bitcoin could fall into the $70-$80,000 range in the coming days.