News 
April 3, 2025 
3 min. 
Crypto expert Titan of Crypto has issued a grim forecast for Bitcoin, suggesting its value may fall beneath the $60,000 mark. This warning follows Donald Trump’s declaration of reciprocal tariffs, which could potentially spark a significant decline in Bitcoin’s price.
Bitcoin’s Price at Risk of Dropping Below $60,000 If Key Level Fails to Hold
Titan of Crypto has issued a cautionary warning on Bitcoin’s price, suggesting it could fall below $60,000 if it doesn’t maintain its position above $81,872. In a post on X, he emphasized that Bitcoin must stay within this crucial range, remain above the 50-week Exponential Moving Average (EMA), and ensure the weekly RSI stays above significant support levels.
According to Titan, failing to secure these levels could lead to a deeper correction, with a potential decline to around $58,500. His analysis, supported by a chart, indicates that this drop could be part of a larger downturn for Bitcoin.
The bearish outlook follows recent developments, particularly US President Donald Trump’s announcement of reciprocal tariffs, which could trigger a negative impact on Bitcoin, especially with escalating global trade tensions. Bitcoin has already seen a decline from its previous highs of $88,000, and it may soon dip below the $80,000 mark.
Despite these short-term concerns, Titan of Crypto remains optimistic about Bitcoin’s long-term prospects. He pointed out the formation of a Falling Wedge pattern, suggesting a potential rebound. The analyst also noted that with inflation cooling, as evidenced by Trueflation data, and expected improvements in CPI and Core PCE, Bitcoin could experience a strong bounce by May.
Macro factors continue to play a crucial role in Bitcoin’s price movements, with key events like the Nonfarm Payrolls (NFP) report and speeches from Federal Reserve Chair Jerome Powell being closely watched for their impact on the broader crypto market.
Optimistic Outlook for BTC
Despite the ongoing decline in Bitcoin’s price, some analysts are still holding on to optimistic forecasts for BTC. Crypto expert Crypto Caesar shared a bullish outlook, predicting a rally that could push Bitcoin to $120,000, setting a new all-time high (ATH) for the cryptocurrency. He believes this level could represent the peak for Bitcoin in its current market cycle.
On the other hand, analyst Trader Tradigrade is confident that Bitcoin is gearing up for a final surge. He noted that whenever Bitcoin’s RSI breaks through an ascending triangle pattern, it triggers a strong upward movement. His chart analysis suggests that Bitcoin could potentially skyrocket to as high as $650,000 during this surge, with the possibility of this happening in the coming year.
