Bitcoin is taking a beating lately, dropping under $80K today. That's a serious drop from $100K, over 20% lost in just about a month. So, what do you guys think is gonna happen next? Are we looking at another big dip that could send it below $70K?
what's on the horizon after bitcoin falls under $80k?
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Whatever happens, even if the price keeps dropping, Ill just chill with some popcorn and watch the graph fall.
Its not really a problem. Where are those people who kept saying we should take this as an opportunity? A lot will panic, but those are the ones who lose basically giving us their free money because they dont trust Bitcoin and dont understand the market. Theyll regret it later.
Oh, and I almost forgot, Ill probably grab a beer too until I fall asleep. Watching the graph drop can get pretty boring.
alex.shardLegendary
Posts: 1019 · Reputation: 5623
#3Jun 27, 2026, 09:10 PM
I do not think the price of bitcoin is going below $70000.
But no one knows if it will or not but you can make profit from DCA this time around. Just set limit order for bitcoin to be bought at $75000 and another one at $70000. But I do not think bitcoin will get below $70000.
I didnt even expect Bitcoin to drop below $80K, but it happened. Thats just how the market works very unpredictable. At one point, we thought the bull run would continue and push the price to $150K, but now here we are, watching Bitcoin bleed for days.
DCA is a good strategy, and Ive been doing it, though sometimes not consistently. If this market keeps dumping, I just hope more people panic so we can see an even cheaper Bitcoin.
Cheers!
ninja_viperFull Member
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#5Jul 2, 2026, 01:13 AM
Won't be surprised if there will be. After all, last three years when it dropped from $65k and settled at about 46k did the world end? It still rose back up, right? We've seen worse in terms of decline in BTC price so I'm not going to get discouraged, rather, we wait and see how much it will rise back up to. After those series of decline in the coming years, we later experienced several ATHs in a month so maybe this is just a preparation of something big.
crypt0r0cketMember
Posts: 20 · Reputation: 98
#6Jul 2, 2026, 05:09 AM
totally agree with stadus, we've been here before and the price has bounced back even stronger, maybe this is just a dip to get a lot of weaker hands out of the market, the fundamentals are still super strong, and institutions are still pouring in, so I'm optimistic we'll see a nice bounce back soon, what do you guys think will trigger the next leg up?
(Created with AI, obv)
I wouldn't say so much as that it's a premeditated plan to drive out the weak hands, because this is a generalized market drop that comes from the fear of the tariff war, but that the weak hands are going to get out, for sure. The strong ones are buying cheap.
Did not expect it to dip to 70k levels lol. Still, I think being held off at 70k is much higher than being held off at 80k, which has already happened. Wouldn't say it's impossible now though. The recent dumps were attributed afaik to the recent hack, just that idk by how much but I reckon we'd be seeing some drop in its influence by now (since everyone who panicked probably sold already anyway).
I'm honestly tempted to just buy more right now lol. I DCA so personally I don't have much problem with my investments but seeing the price this low makes it seem like a pretty good buy in.
Its a slow decline and it will make a trader think its going to go up again as it always does but the chart could show lower highs til its too late for you to dump at the top. I think a lot of us have already been holding since $92k think it will reach new ATH.
I'm thinking it will go below 70k it could be oversold by then but the dump is not over yet. The Lazarus group would have to keep holding for now and the price will not climb until the have already dump at a low price.
I'll always make people remember when things like this happens as if it's very unusual because it's not.
So, remember this; "When in doubt, zoom out".
That's all.
Recovery.
Possible but it is impossible that it won't recover. Any price that everyone projects, high or low, is possible. We're in a highly volatile market.
hodler_gweiFull Member
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#11Jul 3, 2026, 03:09 AM
I am not sure the price of Bitcoin will continue to fall below $70,000, because if that happens there is a possibility that the price of Bitcoin will fall by 50% and there will definitely be more panic sellers, especially new investors who will worsen the market because they are not ready for the high volatility that always occurs in Bitcoin, which should be volatility against Bitcoin is the best time to act wisely.
And as we saw after the price of Bitcoin touched $78,000+ and now the price of Bitcoin is back to $84,000+ and I hope the price of Bitcoin does not return below $80,000 and it seems that besides there are weak hands there are also weak hands who take advantage of the decline to collect more Bitcoin and as we know that Bitcoin movements are unpredictable but the best choice is only long term and take advantage of every decline to buy more Bitcoin or increase the amount of purchases by doing DCA and holding it for the long term.
The drops are big deal of course, and causing a lot of people to have some doubts, but the reality is that it is just another chance to grab cheaper bitcoins for those who believe into the future of bitcoin or just got practiced to all the volatility of bitcoin.
So, we should be considering the situation a little differently, it has to be something that will be temporary because no drop is forever, we eventually grow and do better. In the end, if you can make this work and do better then we are going to end up with some great returns without a doubt, it has to be something that will take time but it wouldn't be really that easy to handle neither. I believe that the best thing we can do right now would be adding more and then waiting, if we wait and hold then we are going to see again $100k again within 1 or 2 weeks.
This is the correct approach. It was expected that at some point Bitcoin would crash below $90,000; we hadn't seen a major crash for quite a while. Bitcoin only briefly dropped below $80,000, and it has slowly climbed to $84,000 as we speak. Thus, I don't see a reason to panic; there's no "What's next?". Nothing is next. I personally do not mind going through such crashes; they are opportunities to acquire Bitcoin at a discounted rate. I believe that within the next few days, it will have recovered back to $95,000 levels.
That was a legitimate dip for sure. This sort of thing is actually needed from time to time to clear out leverage and let the people who think this is easy find out the truth
There are no free rides. Now that leverage is clear, we seem primed to head straight to $120K. I expect well see that in the next 90 days or something has gone terribly wrong.
SwiftPixelFull Member
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#15Jul 4, 2026, 03:55 PM
Oh fuck, the $70k level didn't last long, not even up to 24 hours like Peter Schiff was expecting, and he even expected it to dip down more. Now the market has left him in a state of dilemma, wondering if Michael Saylor has come to Bitcoin's rescue by purchasing billions of dollars worth of Bitcoin.
If there will be another massive drop, I won't be surprised, but for now, after trying to pull back strong back to $80k, I expect it to retain that position and even go above that for a little bit. Even if we are to see a drop again, it will still remain at the $70k level, not below.
It is possible. But seeing the market currently, the price dropped didn't last long and now bouncing back. Actually, I really waited for this dip to accumulate again as I already take profit when the price is above $100k.
There might be investors who are worried for buying at peak price then it suddenly plunged. But if you know when to timing the market, you could have waited to buy at a cheaper price. Now i'm back on track and will wait again for months (or even years) until I saw a significant growth to consider taking profit.
Definitely agree with you, this was an intentional drop as the Market is known to actually go for the liquidities or some can say leverages it left behind. During the bitcoin pump from $70k to the current ATH $108 they were some liquidities left behind and it is the always the pattern of the market to come clear this liquidities before continuing, then it dumped to $48k before taking that move. Now I dont see it going less than below this region of $77k as the Strong support. Below this price will be disastrous for the market because that will be more. All this are needed for bigger push upward. If one looks back at history before each ATH was set by the market actually doing like -30% before going up
yield_guruFull Member
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#18Jul 4, 2026, 09:17 PM
Dropping below $70k would not be a normal correction and could indicate a bear market. But even then, we could still hope for the repetition of the double-top scenario that we saw in the previous cycle.
So far, the market defended the $80k, and we bounced back to $84k. I'm leaning towards the opinion that we'll see a continuation of the bull market, but things can't always be easy to predict, and we can't repeat the same patterns forever.
No one know exactly what is next because the price of Bitcoin cannot be predicted with accuracy, but what is certain is that the bull run will resume this year as it is ever over, just that we don't know when and from which point the price will reverse and start pumping. I feel the present drop gives us more opportunity to buy more Bitcoin at lower prices. I knew that corrections such as we had do happen but I did not imagine we would actually see Bitcoin below $80,000. Indeed, we have an interesting scenario at hand and it is my believe that we are all making good use of the opportunity.
if price holds maybe we'll see channeling and waiting for break out, otherwise might be heading to $70k, but so far there seems to be recovery.
personally if it goes down to around $70k, no big deal, we're still in a bullrun, bitcoin can go up so high why can't it go back down just to pick up some liquidity and go up again.
honestly man, 20% drop is nothing, we've seen much worse drop yet here we are nearing $100k in price even after 20% retracement.
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