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Bitcoin Could Drop to $75,000 – Here’s Why

Rishabh Bansal - Bitcoin News - March 3, 2025
Bitcoin price
Rishabh Bansal
44 views 2 mins 1 Comment

So far, 2025 hasn’t been great for the crypto market, with prices continuing to fall. Bitcoin, in particular, has taken a hit and is now trading about 25% below its all-time high.

According to CoinGecko, Bitcoin’s price has dropped around 12% in the last week. And the bad news? Recent data suggests the decline might not be over yet.

What’s Next for Bitcoin’s Price?

On February 28, crypto expert Ali Martinez shared a warning that Bitcoin’s price could drop to around $74,700 before it starts to recover.

He believes this because of a key trend in Bitcoin’s price history. Usually, when Bitcoin reaches a certain average price over 50 weeks, it finds support and starts to bounce back.

Bitcoin price

Bitcoin’s Price: What History Tells Us

Looking at past trends, Bitcoin has gone through big drops before but has often bounced back from the 50-week moving average. The last time this happened was in July 2021, when Bitcoin found support at this level and then surged to a new all-time high of around $67,737.

Based on this pattern, Bitcoin’s price could still drop further, with the next key support level around $74,700. If Bitcoin holds steady at this point, it could recover and even reach new highs.

However, if the price falls below this support level, Bitcoin might enter a longer downturn. In the past, breaking below the 50-week moving average has led to major crashes. For example, in the last cycle, Bitcoin dropped from about $68,000 to under $17,000—a massive 75% drop—within a year. Some of that decline, though, was made worse by the collapse of Terra Luna and the FTX exchange in 2022.

Where Bitcoin Stands Now

At the moment, Bitcoin is trading just above $85,200, with little change in the past 24 hours.

Bitcoin price
TAGS: #Bitcoin#bitcoin price
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© Copyright 2025 - The Cryptoplay : All updates about Cryptocurrency worldwide . All Rights Reserved
bitcoin
Bitcoin (BTC) $ 104,885.10
ethereum
Ethereum (ETH) $ 2,487.99
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.18
bnb
BNB (BNB) $ 647.82
solana
Solana (SOL) $ 151.87
usd-coin
USDC (USDC) $ 0.99999
dogecoin
Dogecoin (DOGE) $ 0.185094
tron
TRON (TRX) $ 0.279633
cardano
Cardano (ADA) $ 0.664917