Analysts Declare That $60,000 Was Not the Bottom Price for Bitcoin, Lower Lows Ahead

• Analysts declare that $60,000 was not the bottom price for Bitcoin.

• Much lower low prices are expected ahead for BTC.

• This could have Bitcoin bottoming at the $40,000 price range.

As the price of Bitcoin (BTC) moves in a bullish direction towards prices above $71,000, traders and analysts shift towards positive sentiments, expecting the price of BTC to move towards higher highs, and declare that $60,000 was the bottom. In response to this, other analysts declare that $60,000 was not the bottom price for Bitcoin and expect much lower lows to form in the months ahead.

$60,000 Was Not the Bottom Price for Bitcoin

According to several reputed analysts, the price of BTC may face a final ‘fake pump’, before an inevitable bear market dump towards the cycle’s true bottom. Based on this point of view, the price of BTC could go on to reclaim previous bull prices in the $80,000 price range and surge as high as $88,000 and even $90,000. This surge could even spur a short altcoin price surge as well.

However, this surge by no means marks that the crypto market is experiencing a bullish recovery or that the bull market setup will continue. No, according to bearish analysts, the crypto market is still very much in a strong bear scenario, and the pump is a high-risk move to make long profits. Instead, these analysts are waiting for the local top to set up promising short orders to profit from the incoming dump being set up.

$60k was NOT the bear market bottom for $BTC, don’t fool yourself.

1. There’re still about 6-7 months left in this bear market
2. We haven’t tested the Realised price (we always go below it)
3. We’re $24k above the CVDD price
4. We haven’t even touched the 200-Week MA… pic.twitter.com/vbc025cVeS

— CryptoBullet (@CryptoBullet1) March 24, 2026

As we can see from the post above, this is one of the most bearish analysts in the current market who has highlighted Bitcoin’s descending price pattern and has laughed at any bullish trader expecting BTC to reclaim 6-digit prices again this year. Instead, this analyst confirms that $60,000 was not the bear market bottom like most bullish traders are expecting and warns bullish traders.

The post goes on to highlight how the crypto market still has about 6-7 months of the bear market left, meaning that BTC has not tested the Realised price, because it always goes below it, and is setting up to do exactly that. This, paired with the fact that the price of BTC is still about $24,000 above the CVDD price, points to the high possibility of the price of BTC falling to prices as low as the $40,000 price range.

Analysts Expect Much Lower Lows Ahead

Finally, the post also addresses the 200-week MA, which would also help determine when and where the price of BTC will truly go on to bottom. At the moment, seasoned analysts who have been trading int he crypto market for over a decade are all leaning towards a major BTC price crash that’ll take the price of BTC to bottom between the $50,000 – $30,000 price range.