$BTC is currently trading around $102,449, with a slight 0.57% decline. Analysts note a less than 10% chance that $BTC could drop to $75,000 by the end of Q1 2025, though the probability has risen slightly due to market volatility and increased demand for put options.

Meanwhile, other analysts suggest $BTC could retrace to $70,000–$75,000, potentially triggering a financial crisis. Critical support levels include $92,000, $87,000, and $74,000.

Despite the slight increase in probability, market experts still consider a sharp decline unlikely.