How Low Can Bitcoin Price Go in the Next 7 Days? Market Panic Signals Breakdown
After falling below $75,000, Bitcoin is struggling as global markets panic over new tariffs. Will it drop to $60,000 next, or bounce back?
As global financial markets reel under the pressure of renewed tariff wars, Bitcoin price has not been spared. President Trump's aggressive tariff policies have triggered a sharp market selloff, dragging crypto along with it. With Bitcoin price recently falling below $75,000 before recovering slightly, traders are wondering: How low can BTC price really go this week? Is the worst over, or is this just the beginning of a deeper crash?
Let’s take a close look at the daily and hourly charts, explore the major technical indicators, and find out what Bitcoin’s price action is truly signaling for the next 7 days.
Bitcoin Price Prediction: What Does the Daily Chart Reveal About Bitcoin’s Bigger Trend?
The daily timeframe shows a clearly deteriorating trend. Bitcoin is now well below the 20, 50, 100, and 200 SMAs, with the 20-day SMA at $84,124 and price hovering around $78,200 at press time. This disconnect from key moving averages confirms that Bitcoin price is in bearish territory and struggling to find sustainable support.
The Heikin Ashi candles paint a troubling picture—multiple long-bodied red candles with minimal upper wicks highlight strong and persistent selling. This price action suggests not just a correction, but a momentum-backed breakdown. The 200-day SMA, which often acts as the last line of bullish defense, has now flipped into overhead resistance, further weakening Bitcoin's bullish case.
Looking at the Accumulation/Distribution Line (ADL), there’s a steep drop-off. This is a red flag. A declining ADL indicates that money is flowing out of Bitcoin, not into it. Smart money seems to be de-risking or sitting on the sidelines. Without accumulation, rallies are likely to fade quickly.
Does the Hourly Chart Show Any Signs of Recovery?
The 1-hour chart does show a short-term bounce from the $74,000 zone, which is now acting as temporary support. Bitcoin spiked to $79,000, but this recovery came with a strong Heikin Ashi green candle—raising hopes of a reversal. However, the bounce is facing immediate resistance at the 50 SMA ($80,711) and 100 SMA ($81,936), both sloping downward.
This bounce could be a relief rally in a broader downtrend. The lower highs and lower lows remain intact, and the moving averages are all aligned in bearish sequence. Unless price breaks and holds above $82,000, this recovery could be short-lived.
The ADL on the hourly timeframe also remains bearish. Even as price bounces, the ADL has not moved higher, which suggests that this rally is driven by short covering or retail speculation—not true buying interest.
Where Are Bitcoin’s Critical Support and Resistance Zones?
Support has now shifted lower. The key zone to watch is $74,000–$75,000, which was recently defended but looks fragile. If that breaks, Bitcoin could rapidly fall toward $69,000, with the next major psychological and technical support at $65,000. Below that, the $60,000 level—a long-term demand zone—becomes a real possibility.
On the upside, resistance is stacked heavily. Bitcoin price needs to reclaim $82,000, followed by $85,000, to flip short-term sentiment bullish. However, unless these levels are taken out with high volume and a rising ADL, bounces are likely to be sold into.
What Are the Indicators Saying?
Moving Averages: Across both timeframes, BTC price is below all major SMAs. The downward slope confirms strong selling momentum. Short-term SMAs are compressing, indicating a volatility breakout is near—likely downward if macro fear persists.
Heikin Ashi Candles: Daily candles are strongly bearish, while hourly candles show short-term recovery. Until daily candles show upper wicks and smaller bodies, sellers remain in control.
Accumulation/Distribution Line (ADL): One of the most alarming signals. It’s falling across both charts, confirming that large players are exiting positions. Without accumulation, even strong-looking bounces are unreliable.
Bitcoin Price Prediction: How Low Can BTC Go in 7 Days?
If $74K breaks, BTC price could drop to $69,000 within days. Should fear continue to dominate markets, and if altcoin bleed intensifies, we might see $65,000–$60,000 tested before next weekend.
If BTC price holds $74K and reclaims $82K, we could see a short-lived bounce to $85K, but unless the ADL flips and broader markets stabilize, the overall trend remains bearish.
April’s first full week could define Q2’s tone—and right now, it looks shaky for bulls.
Is the Worst Over or Just Beginning?
Bitcoin price is clearly under pressure, and the charts don't lie. With rising global uncertainty from trade wars and collapsing equity markets, Bitcoin's “safe haven” status is being tested. The break below major support and ongoing distribution suggests that more downside is likely unless key levels are reclaimed quickly.
So, how low can Bitcoin go? If market panic escalates, $60,000 isn’t just possible—it’s probable. And unless buyer strength returns with real volume, we might not have seen the bottom yet.
Prasanna Peshkar
Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.
As global financial markets reel under the pressure of renewed tariff wars, Bitcoin price has not been spared. President Trump's aggressive tariff policies have triggered a sharp market selloff, dragging crypto along with it. With Bitcoin price recently falling below $75,000 before recovering slightly, traders are wondering: How low can BTC price really go this week? Is the worst over, or is this just the beginning of a deeper crash?
Let’s take a close look at the daily and hourly charts, explore the major technical indicators, and find out what Bitcoin’s price action is truly signaling for the next 7 days.
Bitcoin Price Prediction: What Does the Daily Chart Reveal About Bitcoin’s Bigger Trend?
The daily timeframe shows a clearly deteriorating trend. Bitcoin is now well below the 20, 50, 100, and 200 SMAs, with the 20-day SMA at $84,124 and price hovering around $78,200 at press time. This disconnect from key moving averages confirms that Bitcoin price is in bearish territory and struggling to find sustainable support.
The Heikin Ashi candles paint a troubling picture—multiple long-bodied red candles with minimal upper wicks highlight strong and persistent selling. This price action suggests not just a correction, but a momentum-backed breakdown. The 200-day SMA, which often acts as the last line of bullish defense, has now flipped into overhead resistance, further weakening Bitcoin's bullish case.
Looking at the Accumulation/Distribution Line (ADL), there’s a steep drop-off. This is a red flag. A declining ADL indicates that money is flowing out of Bitcoin, not into it. Smart money seems to be de-risking or sitting on the sidelines. Without accumulation, rallies are likely to fade quickly.
Does the Hourly Chart Show Any Signs of Recovery?
The 1-hour chart does show a short-term bounce from the $74,000 zone, which is now acting as temporary support. Bitcoin spiked to $79,000, but this recovery came with a strong Heikin Ashi green candle—raising hopes of a reversal. However, the bounce is facing immediate resistance at the 50 SMA ($80,711) and 100 SMA ($81,936), both sloping downward.
This bounce could be a relief rally in a broader downtrend. The lower highs and lower lows remain intact, and the moving averages are all aligned in bearish sequence. Unless price breaks and holds above $82,000, this recovery could be short-lived.
The ADL on the hourly timeframe also remains bearish. Even as price bounces, the ADL has not moved higher, which suggests that this rally is driven by short covering or retail speculation—not true buying interest.
Where Are Bitcoin’s Critical Support and Resistance Zones?
Support has now shifted lower. The key zone to watch is $74,000–$75,000, which was recently defended but looks fragile. If that breaks, Bitcoin could rapidly fall toward $69,000, with the next major psychological and technical support at $65,000. Below that, the $60,000 level—a long-term demand zone—becomes a real possibility.
On the upside, resistance is stacked heavily. Bitcoin price needs to reclaim $82,000, followed by $85,000, to flip short-term sentiment bullish. However, unless these levels are taken out with high volume and a rising ADL, bounces are likely to be sold into.
What Are the Indicators Saying?
Moving Averages: Across both timeframes, BTC price is below all major SMAs. The downward slope confirms strong selling momentum. Short-term SMAs are compressing, indicating a volatility breakout is near—likely downward if macro fear persists.
Heikin Ashi Candles: Daily candles are strongly bearish, while hourly candles show short-term recovery. Until daily candles show upper wicks and smaller bodies, sellers remain in control.
Accumulation/Distribution Line (ADL): One of the most alarming signals. It’s falling across both charts, confirming that large players are exiting positions. Without accumulation, even strong-looking bounces are unreliable.
Bitcoin Price Prediction: How Low Can BTC Go in 7 Days?
If $74K breaks, BTC price could drop to $69,000 within days. Should fear continue to dominate markets, and if altcoin bleed intensifies, we might see $65,000–$60,000 tested before next weekend.
If BTC price holds $74K and reclaims $82K, we could see a short-lived bounce to $85K, but unless the ADL flips and broader markets stabilize, the overall trend remains bearish.
April’s first full week could define Q2’s tone—and right now, it looks shaky for bulls.
Is the Worst Over or Just Beginning?
Bitcoin price is clearly under pressure, and the charts don't lie. With rising global uncertainty from trade wars and collapsing equity markets, Bitcoin's “safe haven” status is being tested. The break below major support and ongoing distribution suggests that more downside is likely unless key levels are reclaimed quickly.
So, how low can Bitcoin go? If market panic escalates, $60,000 isn’t just possible—it’s probable. And unless buyer strength returns with real volume, we might not have seen the bottom yet.
Prasanna Peshkar
Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.
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