Bitcoin (BTC), albeit unsuccessfully, tested $73,000 for the 3rd time this month. The price of the asset briefly dropped to $65,000 earlier in the day, but it has now reclaimed $67,000. According to CoinGecko statistics, BTC’s price has rallied 1% in the last 24 hoursThe 14-day chart shows a 4.7% increase. However, it is still down 4,2% on the month before and 21,2% since March 20,25. Bitcoin (BTC), despite facing significant challenges over the past few months, may not be at its worst yet. Some predict that the currency will crash as low as $45,000. Let’s discuss.
Bitcoin set to crash below $45,000?
Bitcoin (BTC), after reaching a record high price of $126.080 in 2025, has seen its value decline. In February 2026, the asset reached a low price of $62,000 twice. The asset’s bounce-back from $62,000 indicates that it has significant support at this level. However, the resistance is at $73,000.
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The downward trend of Bitcoin (BTC), over the past few months, can be attributed to a number of factors. These include macro-uncertainties, geopolitical tensions and a drop in liquidity. In addition, the ongoing US/Israeli-Iran conflict has increased pressure to sell crypto assets. Today, March 9th, 2026, stock markets also suffered a blow.
The trader’s behaviour is a good indicator of the type of person you are. PolymarketThe market is pricing in Bitcoin’s (BTC) potential to fall under the $45,000 threshold. A fall to $45,000 will result in a 33.68% correction.
Stifel’s analysts have an even more pessimistic outlook, predicting that Bitcoin (BTC), will drop to just $38,000 by the end of this year. A drop of almost 44% from the current levels to $38,000 would be equivalent to falling to that price.
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Source: watcher.guru
