Bitcoin price nosedive continues. How low could it go?

There could be another cold crypto winter in the future for Bitcoin investors.

Bitcoin has actually been in decline along with cryptocurrencies throughout the month of November Fall below $100,000 Just last week for the first time in months.

On Friday, things got even worse for crypto holders as Bitcoin fell to just above $80,000, which would be its lowest price since the beginning of April. It is also a far cry from its all-time high of more than $126,000 reached last month. Basically, All of Bitcoin’s Gains Throughout 2025 Just Happened wiped out,

Weak sentiment, concerns about the economy, worries about a rate cut by the Federal Reserve, long-term crypto investors and whales selling significant portions of their holdings – all of these issues have combined to give rise to the current crypto bear market.

But some analysts believe that this bear market is just beginning and the worst is yet to come. In fact, another crypto winter is likely in the next few months.

Mike McGlone, senior commodity strategist at Bloomberg Intelligence, caution Bitcoin could be eyeing another crash scenario like 2018, which saw a 70 percent drop in Bitcoin’s value. McGlone said in an interview this week that he believes it “could eventually break out and move towards $50,000”. bloomberg,

If the current negative sentiment continues, and if other assets like the stock market continue to decline, McGlone said he could see Bitcoin going back to the $10,000 level in 2018.

Earlier this week, financial analyst Clem Chambers shared There is a prediction that if Bitcoin falls into the mid-$80,000 range, which it is now, then crypto winter seems likely. In his forecast, Chambers says Bitcoin could fall somewhere between $40,000 and $60,000 in the crypto winter.

According to investment bank Standard Chartered, Bitcoin Fall below $90,000 Possibly half of the crypto treasury companies would be left “underwater”, which could result in an even larger selloff. In turn, the value of Bitcoin will drop even more. Citi analyst Alex Saunders also told Reuters that the $80,000 level, at which Bitcoin is currently trading, will be an important level to see if the cryptocurrency can hold, as it is “the average level of Bitcoin holdings in exchange-traded funds.”

So, be patient, stay loyal to Bitcoin – you may have to face a long winter.