{"id":91638,"date":"2025-12-02T11:22:24","date_gmt":"2025-12-02T08:22:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91638"},"modified":"2025-12-02T12:54:30","modified_gmt":"2025-12-02T09:54:30","slug":"analysts-dismiss-talk-of-bitcoin-plunging-to-35000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/analysts-dismiss-talk-of-bitcoin-plunging-to-35000\/","title":{"rendered":"Analysts Reject Bitcoin Crash Forecast to $35 000"},"content":{"rendered":"<p>Bitcoin will find a bottom around $55,000, says an analyst known as Sykodelic.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This is a very important chart analysis for you to understand.<\/p>\n<p>I am seeing people talking about $35k levels next year and it&#8217;s absolute rubbish.<\/p>\n<p>Firstly, for Bitcoin to retrace 75% it actually has to fully expand, and this cycle, it just did not do that.<\/p>\n<p>Those kinds of\u2026 <a href=\"https:\/\/t.co\/VZp5aAdjXe\">pic.twitter.com\/VZp5aAdjXe<\/a><\/p>\n<p>\u2014 Sykodelic \ud83d\udd2a (@Sykodelic_) <a href=\"https:\/\/twitter.com\/Sykodelic_\/status\/1995660813907149150?ref_src=twsrc%5Etfw\">December 2, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He rejected forecasts that the digital gold will drop to $35,000 by 2026. Earlier, crypto investor and trader Philakone had floated such a scenario.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">It&#8217;s wild that people think this is impossible. That bitcoin can&#8217;t hit $35K to $40K before Dec 2026.<br \/>\nAll bear markets have lasted roughly 365 days exactly from the top to the very bottom in 2014, 2018, and 2022.<br \/>\nAll bear markets dropped 78% to 86%.<br \/>\nSo how&#8217;s this not possible? <a href=\"https:\/\/t.co\/3zDG11xNke\">pic.twitter.com\/3zDG11xNke<\/a><\/p>\n<p>\u2014 Philakone (@PhilakoneCrypto) <a href=\"https:\/\/twitter.com\/PhilakoneCrypto\/status\/1990635483802538176?ref_src=twsrc%5Etfw\">November 18, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u00abIt&#8217;s wild that people think this is impossible. That bitcoin can&#8217;t hit $35K to $40K before Dec 2026. All bear markets have lasted roughly 365 days exactly from the top to the very bottom in 2014, 2018, and 2022. All bear markets dropped 78% to 86%,\u00bb he noted.<\/em><\/p><\/blockquote>\n<p>A fall in bitcoin to $35,000 from current levels would imply a 72% correction. That has happened before: the asset plunged 77% from its $69,000 peak in November 2021 to $15,000 a year later.<\/p>\n<p>Sykodelic calls such claims \u201cabsolute rubbish\u201d. In his view, drawdowns that deep occur only when expansion \u2014 measured, for example, by the <a href=\"https:\/\/forklog.com\/en\/news\/what-the-rsi-is-for-and-whether-it-suits-cryptocurrencies\">RSI<\/a> \u2014 \u201ccreates the right conditions\u201d.<\/p>\n<p>He stressed that Bitcoin\u2019s price has never pierced the lower bound of the monthly <a href=\"https:\/\/forklog.com\/en\/news\/bollinger-bands-using-the-indicator-in-crypto-trading\">Bollinger Bands<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u00abIf this advance is the weakest on record, why should the subsequent drop be the strongest? Essentially, if we are dealing with a proper bear market and the monthly candle closes below the middle [Bollinger] band, the maximum correction target would sit around $55,000,\u00bb he said.<\/em><\/p><\/blockquote>\n<h2 class=\"wp-block-heading\">Gloomy prospects<\/h2>\n<p>Traders are stepping up hedges, bracing for a slide toward $80,000 after the New Year holidays. Derive founder Nick Forster pointed to a shift in options market structure: skew has moved in favour of puts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Markets nuked. Liquidity vanishing. Yearn hacked.<\/p>\n<p>$990M liquidated. Vol surging. Skew collapsing.<\/p>\n<p>Traders loading puts at $84K\/$80K for December 26, 15% betting on sub-$80K BTC into 2026.<\/p>\n<p>Macro pressure rising. Bottom not confirmed.<\/p>\n<p>Check out our latest update:\u2026<\/p>\n<p>\u2014 Derive.xyz (@DeriveXYZ) <a href=\"https:\/\/twitter.com\/DeriveXYZ\/status\/1995703154382700613?ref_src=twsrc%5Etfw\">December 2, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u00abThe concentration of open interest at the $84,000 and $80,000 strikes expiring on 26 December shows traders are actively insuring against further downside,\u00bb the expert said.<\/em><\/p><\/blockquote>\n<p>In his assessment, this derivatives set-up signals a high probability that bitcoin will enter 2026 below $80,000.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u00abThere is no reason to think the drop is over. The market is preparing for elevated volatility: short-term indicators are leading long-term ones, which traditionally signals expectations of sharp price moves ahead of the New Year,\u00bb Forster concluded.<\/em><\/p><\/blockquote>\n<p>VALR exchange founder Farzam Ehsani says current market swings reveal \u201cstructural vulnerability\u201d.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u00abA drop below $90,000 reflects a mix of fragile market architecture and depleted liquidity. Even a moderate macro shock can now trigger a disproportionate reaction because of insufficient order-book depth,\u00bb he explained in a comment to <\/em><a href=\"https:\/\/www.coindesk.com\/markets\/2025\/12\/02\/bitcoin-may-dump-to-usd65k-or-below-spelling-trouble-for-eth-xrp-ada-and-other-majors\"><em>CoinDesk<\/em><\/a><em>.<\/em><\/p><\/blockquote>\n<p>In his view, if current dynamics persist, bitcoin could test the $60,000\u2013$65,000 range. However, at those levels large institutional players may return, seeing the correction as an accumulation opportunity, he added.<\/p>\n<h2 class=\"wp-block-heading\">Current conditions<\/h2>\n<p>At the time of writing, the leading cryptocurrency trades around $86,900 \u2014 30.9% below the all-time high of $126,080.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-270930\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2100bdd236085da9-11056347220569718-1024x598.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2100bdd236085da9-11056347220569718-1024x598.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-2100bdd236085da9-11056347220569718-300x175.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-2100bdd236085da9-11056347220569718-768x449.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-2100bdd236085da9-11056347220569718-1536x898.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-2100bdd236085da9-11056347220569718.png 1600w\" alt=\"image\" width=\"1024\" height=\"598\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/atJ4mYHE\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>As prices fell, a popular sentiment gauge returned to the \u201cextreme fear\u201d zone.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-270931\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-274893b12713eda1-11056360179751137-1024x465.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-274893b12713eda1-11056360179751137-1024x465.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-274893b12713eda1-11056360179751137-300x136.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-274893b12713eda1-11056360179751137-768x349.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-274893b12713eda1-11056360179751137-1536x698.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-274893b12713eda1-11056360179751137.png 1562w\" alt=\"image\" width=\"1024\" height=\"465\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">Alternative.me<\/a>.<\/figcaption><\/figure>\n<p>Liquidations over the past 24 hours totalled $471 million, $351 million of which were longs.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-270932\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5bc2389e29b95c14-11056377472447181-1024x357.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5bc2389e29b95c14-11056377472447181-1024x357.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-5bc2389e29b95c14-11056377472447181-300x105.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-5bc2389e29b95c14-11056377472447181-768x268.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-5bc2389e29b95c14-11056377472447181-1536x536.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-5bc2389e29b95c14-11056377472447181.png 1600w\" alt=\"image\" width=\"1024\" height=\"357\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">CoinGlass<\/a>.<\/figcaption><\/figure>\n<p>Almost all top-10 cryptoassets by market capitalisation showed muted moves.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-270933\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-6fb6e243d911c00c-11056390128483278-1024x671.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-6fb6e243d911c00c-11056390128483278-1024x671.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-6fb6e243d911c00c-11056390128483278-300x197.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-6fb6e243d911c00c-11056390128483278-768x504.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-6fb6e243d911c00c-11056390128483278-1536x1007.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-6fb6e243d911c00c-11056390128483278.png 1600w\" alt=\"image\" width=\"1024\" height=\"671\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>In early December, economist Timothy Peterson <a href=\"https:\/\/forklog.com\/en\/news\/economist-compares-bitcoins-current-trends-to-2022-bear-market\">noted<\/a> a worrying similarity between bitcoin\u2019s price action in the second half of this year and bear-phase trends in the previous cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin will find a bottom around $55,000, says an analyst known as Sykodelic.<\/p>\n","protected":false},"author":1,"featured_media":91639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Analysts reject calls for a Bitcoin slide to $35,000; see support near $55,000.","creation_source":"ai_translated","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1146,1145,1138],"class_list":["post-91638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-cryptocurrency-market-forecasts","tag-market-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"186","promo_type":"1","layout_type":"1","short_excerpt":"Analysts reject calls for a Bitcoin slide to $35,000; see support near $55,000.","is_update":"0","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91638"}],"version-history":[{"count":3,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91638\/revisions"}],"predecessor-version":[{"id":91644,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91638\/revisions\/91644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91639"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}