Bitcoin Price Keeps Falling… Can $80,000 Be Next? Oh, The Drama!

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So, Bitcoin. Remember when it was just cruising, hitting $126,000 like it was no big deal? Yeah, well, that was cute. Now? It’s like watching your favorite show get canceled mid-season. The price is dropping faster than you can say “blockchain,” wiping out hundreds of billions in market value. Talk about a plot twist! 🍿

Crypto analyst Tracy Shuchart-she’s not just some random person on Twitter, okay-has actually laid out a very clear reason for this mess. It’s not just one thing; it’s a bunch of things crashing at once. It’s like when everything goes wrong on a road trip: flat tire, wrong turn, and then, of course, the GPS dies. She’s saying Bitcoin might just tumble all the way to $80,000. So, there’s that… 🙄

Here’s The Macro Story Behind Bitcoin’s Soaring High to $126,000

Okay, so here’s how we got to that sweet $126,000 high. It was all based on the idea that the Federal Reserve would be super chill, cutting rates, throwing liquidity around like it was going out of style. Plus, big institutions were buying in with ETFs, just hoarding Bitcoin like it was the new gold rush.

But then, oops! The Fed wasn’t that chill. They decided to play hardball, and boom-rate cuts? Gone. Expectation of a strong dollar? Back in action. No wonder Bitcoin’s price couldn’t stay near those ridiculous highs. It was like a house of cards made of bad predictions. 🃏

Institutions, those lovable risk-averse folks, ditched their Bitcoin faster than a bad date. We’re talking $1.1 billion in outflows in a few days. Not panic selling-oh no, just a good ol’ portfolio rebalancing. Because, you know, reality. 😒

And then-surprise-the long-term holders who had bought Bitcoin when it was still a “bargain” at $40,000? Yeah, they started cashing out, locking in those sweet profits. They offloaded 815,000 Bitcoin in just 30 days. It’s like they finally figured out it’s not always about “holding on”-sometimes you gotta take the money and run. 🏃‍♂️💨

So, Is $80,000 Really The Next Stop for Bitcoin? 😬

Tracy’s take? There’s no one left to buy. Institutions are backing away, long-term holders are like, “I’ll wait for a better price,” and retail traders? They’ve taken their ball and gone home. So, unless something drastic happens, Bitcoin might just keep drifting lower. Kind of like your confidence after hearing your favorite influencer is suddenly into Dogecoin. 🐕💸

Tracy summed it up with a simple line: “Now the market is repricing based on reality.” Ouch. That’s gotta hurt, right? No more “Fed easing,” high real yields, and the dollar doing its thing. Reality bites.

For Bitcoin to turn this ship around, three things need to happen: First, get rid of all that leverage-bye-bye risky bets. Second, long-term holders need to stop selling and start buying. Third, real, actual capital needs to find the price appealing enough to step in. All that, and we might see a bottom. It’s not like we’re there yet, though, because Bitcoin’s hanging around $90,000. But it did briefly dip below $89,000 on November 18, so… Yeah, lower levels, here we come. 😬

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2025-11-19 21:03