šØ Bitcoin Could Drop to Around $77K ā Hereās What Experts Are Saying šØ
CryptoQuant CEO KiāÆYoungāÆJu noted that even if Bitcoin falls as low as $77,000, it would still be consistent with a healthy bull market cycle ā a 30% correction from recent highs isnāt necessarily bearish .
Another analyst pointed to a CME gap near $80Kā$77K, suggesting the potential for a 17ā19% pullback into that zone .
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š What This Means
Scenario Insight
š A drop to $77K Could just be a normal correction ā not a sign of a new bear market like in early 2022 .
š Potential bounce If $77K holds, many see it as a strong support level ā even a pivot point for continued upward movement .
ā ļø Deeper risks Some warn that if broader market support near ~$73K breaks, Bitcoin could fall further toward ~$55Kā$57K .
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š§ Bottom Line
A dip toward $77K is neither unexpected nor devastating ā many analysts view it as part of a healthy, long-term bull cycle.
However, falling much further ā especially below key support zones like $73K ā could indicate deeper trouble ahead.
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Interested in tracking these support zones, or want to know how likely a rebound is? I can pull in live price charts or recent commentary.