Bitcoin Price May Still Fall Before Reaching Bottom

Bitcoin's recent market performance has left investors wondering whether the cryptocurrency has finally hit its bottom. Professional trader Alessio Rastani weighed in on the situation in a recent interview, cautioning that another significant price drop may be ahead.

Rastani's analysis suggests that Bitcoin could potentially fall below $60,000 before a more substantial recovery sets in. However, he also points out key support zones between $59,000 and $46,000 where conditions may become increasingly favorable for long-term investment opportunities.

Furthermore, Rastani expressed skepticism regarding the possibility of Bitcoin reaching new all-time highs in 2026, instead predicting a delayed recovery timeline. In addition to his insights on Bitcoin, he shared his views on the broader macro landscape, including the stock market and the potential formation of a top.