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Experts disagree widely on Bitcoin's bottom, ranging from $38,000 to $77,000 amid recent price drops.

Market News
12 Sep 2026
247 Wallst
View Source
Bearish
Experts disagree widely on Bitcoin's bottom, ranging from $38,000 to $77,000 amid recent price drops.

Bitcoin has dropped to around $77,278 after a 33.48% year-over-year decline, with experts offering widely varying predictions on its bottom price. Support levels range from about $76,500 down to $72,000, with a more significant floor near $53,600 based on historical cost basis data. Citi and other analysts see $53,000 as a likely bottom, while NYDIG suggests a deeper drop to $38,000 if a recession and ETF unwind occur. Former BitMEX CEO Arthur Hayes warns of a possible 75% crash to around $19,320 but expects a long-term rebound to $250,000. The market remains uncertain, with key support levels to watch in the near term.

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