"The Bottom Ants Don't Know"...Bitcoin, What is the Reversal Support Line to Overturn the Fear of Decline?

▲ Bitcoin (BTC), US Dollar (USD)

Despite the price of Bitcoin (BTC) approaching the $75,000 mark, intense debates among market experts continue regarding the $50,000 bottom theory.

According to crypto media NewsBTC on April 14 (local time), Nick Ruck, Director of LVRG Research, evaluated $50,000 as the last buying opportunity for a healthy cycle. He also raised the possibility that institutional investor inflow could limit the decline to less than 60%. Ruck's analysis suggests that unlike past bear markets, continuous buying pressure from institutions is supporting the price floor.

Trader Ivan Liljeqvist warned that a large-scale liquidation process has not yet appeared in the market and that $60,000 might not be the bottom. Analyst Merlijn Enkelaar also predicted that a second phase of decline could occur, dropping to $50,000 before heading towards $150,000. The analysis suggests that the ability to hold $70,000 will determine the length of the short-term manipulation phase.

Geopolitical factors are also driving price fluctuations. Bitcoin briefly surpassed $75,000 after US President Donald Trump announced a two-week ceasefire with Iran. However, due to the breakdown of negotiations and the blockade of the Strait of Hormuz, it fell back below $71,000. Consumer Price Index (CPI) data released on Friday also added further pressure to the market.

Bitcoin's all-time high was $126,198 recorded in October 2025, and the current price is down more than 40% from its peak. Analyst symbiote predicted that the chart is very pessimistic in higher time frames and that a final crash down to $59,000 or $50,000 will occur. There is also a model analysis suggesting that a 60% level crash is needed for a full-blown bear market.

With conflicting institutional ETF inflows, global conflicts, and inflation data, the market's direction remains uncertain. While showing a recovery since the $66,000 low in early April, experts' opinions differ on whether the bottom has been confirmed. Investors are keeping open the possibility of further decline phases and are paying attention to real-time market data changes.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*