Bitcoin Prediction: Will BTC Price Crash To $77,400 Mark?

Key Insights

• Amid the market uncertainty, Bitcoin (BTC) formed a bearish head and shoulders pattern in the four-hour timeframe.
• The four-hour chart revealed that BTC price may break the $81,450 level. If this happens, it could drop by 5% and reach the next support at $77,400.
• Traders are currently over-leveraged at $81,167 on the lower side (support) and $85,352 on the upper side (resistance).

Bitcoin prediction is a key topic amid the ongoing bearish market sentiment. This downturn is highlighted by the emergence of a bearish price action pattern, signaling potential challenges ahead. Over the past few days, the overall cryptocurrency market has experienced a massive sell-off. This raised concerns about whether the price will recover or continue its decline.

Bitcoin Prediction: Will BTC Hold the $81,450 Level?

According to expert technical analysis, this momentum could continue, and the price may decline. This could breach the $81,450 level, making Bitcoin prediction bearish. The four-hour chart reveals the possibility that BTC could drop by 5% to reach the $77,400 mark shortly.

If Bitcoin price stays above the neckline and maintains the $81,450 level, recovery becomes possible. This stability could trigger a potential price rebound. The sentiment remains bearish for now, and this recovery scenario’s likelihood is low. In addition to Bitcoin prediction, some investors and institutions seize this opportunity by heavily buying BTC. On the other hand, others are selling due to fears of a further price crash.

Bitcoin (BTC) Current Price Momentum

BTC has recently broken out of an ascending channel pattern. Moving ahead, the token formed a bearish head and shoulders pattern in the four-hour timeframe. This pattern formation, amid the ongoing tariff war, indicated that the market was on the verge of a crash. At press time, BTC was trading near the $82,000 level. It had recorded a price drop of over 1.25% in the past 24 hours. This decline has pushed BTC closer to the neckline of the head and shoulders pattern.

Institutions and Investors Activity

Enish, a publicly listed Japanese gaming company, recently announced that it had purchased Bitcoin worth 100 million yen ($660K). Meanwhile, BTC holdings among long-term investors are growing.

This implies that this is a great time to buy, but risks remain. However, a crypto expert posted on X that short-term holders had sold 18,930 BTC before the tariff announcement.

Bitcoin’s On-Chain Metrics

Investors are taking advantage of opportunities in the current market sentiment. Meanwhile, traders are aligning with prevailing trends, as Coinglass noted.

$157.92 Million Worth of BTC Outflow

Data from spot inflows and outflows reveal that exchanges have seen a significant outflow. The exchanges recorded $157.92 Million worth of BTC over the past 24 hours.

This significant outflow, the largest since March 29, 2025, showed that long-term holders may want to accumulate. According to Bitcoin predictions, this outflow could boost the asset’s bullish momentum.

Major Liquidation Levels

Traders are significantly over-leveraged, with a support level set at $81,167. On the upper side, the resistance level stands at $85,352. These levels are major liquidation zones where traders have built long and short positions. Per Coinglass data, traders have accumulated $855 Million worth of long positions at the $81,167 level. On the other hand, $1.62 Billion worth of short positions have been built at the $85,352 level. This clearly defines the current sentiment of Bitcoin and the broader market.

However, these levels will be liquidated if Bitcoin price moves in either direction. Based on these on-chain metrics, bears dominate in the short term. Long positions could be liquidated easily.