Bitcoin has broken below the critical $90,000 level once again, triggering a fresh wave of panic across the crypto market. This drop comes just hours after a shocking statement from Ethereum founder Vitalik Buterin.
The combination of renewed macro fear, technical breakdowns, and quantum-security concerns has pushed BTC toward its lowest levels of November.
Bitcoin Price Analysis: Support Lost and Momentum is Still Falling
Based on the BTCUSD chart:
BTC Has Fully Lost the $94,200–$95,000 Support Zone
The chart shows a clean breakdown below the strong $94.2K horizontal support. After retesting the area twice, BTC failed to reclaim it and rapidly dumped to $89,300.
Price Structure Shows a Strong Downtrend
BTC has now formed:
- •Lower highs
- •Lower lows
- •No bullish reversal structure
- •Volatility increasing downward
This signals that the bearish momentum is still very much alive.
Stoch RSI is Oversold — But Still Falling
The chart’s Stoch RSI shows:
- •Blue line: 16.94
- •Orange line: 34.78
Even though BTC is in the oversold zone, there is no bullish curl yet, which usually means sellers remain in control.
New Fear Factor: Vitalik Buterin Warns Quantum Computers Could Break Bitcoin & Ethereum
Just hours ago, a headline went viral.
Why this matters today:
- •Quantum security has always been theoretical — not immediate.
- •But hearing it from Vitalik during a crash amplifies fear at the worst possible moment.
- •Investors worry that long-term crypto safety may face new threats.
- •Sentiment online shows rising panic and uncertainty.
This headline acted as an additional catalyst in an already fragile market structure.
Bitcoin Price Prediction: Next Targets
If Bitcoin continues the downward trajectory, here are the next technical targets:
Immediate Support: $87,500: A weak support level. Breaking it likely accelerates selling.
Secondary Support: $84,000: A short-term liquidity pocket. If BTC reaches this level, volatility may intensify.
Major Target: $82,000:
- •This is the ultimate downside target if panic continues: It aligns with a key previous consolidation zone.
- •It matches Fibonacci extensions from the recent top.
- •Many analysts expect BTC to test this region if macro conditions worsen.
If Bitcoin breaks below $82K, the next range becomes $76K–$78K, but that scenario is not yet confirmed.