As of March 11, 2025, Bitcoin is trading at around $78,699.

According to forecasts, Bitcoin could drop to $62,000, which would be more than a 50% retracement from its all-time high. Other forecasts indicate a possible decline to $73,000.

Currently, Bitcoin is at the lower end of its range, with the $82,000 level serving as critical support. If this level is broken, losses could accelerate, initially bringing the price down to $78,000, and then to $73,000.

Thus, if Bitcoin falls to $62,000 or below, it could signal the end of the correction and a potential beginning of a new bull run.$BTC