Bitcoin: A Drop Down to $72,000 Is Possible According to an Analyst

The volatility of bitcoin is repeating itself. After reaching a peak of over $84,000, this cryptocurrency has fallen by 3.5% in a few hours. This pullback has raised fears of a return to the $72,000 level, a scenario that seemed unimaginable not long ago. The reason: uncertain macroeconomic liquidity conditions are weakening risk assets. Some analysts believe that the market may enter a crucial phase, where the development of monetary policies and the risk appetite of investors will be decisive. A warning signal about global liquidity The bitcoin market is undergoing a period of volatility. After being strongly rejected at the 200-day exponential moving average, sellers have gained control, leading to a fall below 84,000 dollars. This adjustment is set against a broader backdrop marked by the concerning progression of macroeconomic liquidity conditions. Capital Flows analysts pointed out on March 27, 2025, on social media X (formerly known as Twitter) that if these conditions do not improve, bitcoin could fall sharply from $72,000 to $75,000.

There are several factors explaining this threat of manipulation: The contraction of global liquidity: capital flows into less risky assets, reducing investor interest in bitcoin; Increasing correlation with traditional markets: BTC is now considered a risky asset, similar to stocks; The return of investors to safer investments: with interest rates still high, bonds and other low-risk investments are attracting more capital; A bearish technical signal: the rejection of bitcoin price below a key moving average increases the likelihood of continued price decline. Analysts emphasize that although the global money supply continues to increase, this does not necessarily mean that the flow of money into bitcoin will follow. As long as the demand for risk does not recover, cryptocurrencies may see their price momentum harmed. Different perspectives: aiming for a fall or a recovery? If the current fall raises concerns about the price returning to the level of 72,000 dollars, other signals may indicate the opposite momentum in the short term. Some experts are indeed observing an increase in global M2 money supply, a historical indicator correlated with Bitcoin's movements. Indeed, Colin Talks Crypto, a recognized analyst in the industry, pointed out on March 27 on platform X that this trend would indicate the potential recovery of bitcoin around May 1, with a bullish cycle that could last for several months. However, everything will depend on the ability to maintain some important technical levels of BTC. Crypto trader Chase estimated on March 28 on X that the situation is a real issue and warned that bitcoin must hold above $85,270 to avoid a new wave of fall. "If I fail, I will look for a short selling order upon re-examination, with a liquidity target of around $80,000," he specified. In other words, the market is developing on the brink, where every move will be closely monitored. Amid the adjustment capability at the level of $72,000 and the potential recovery due to the expanded money supply, the situation remains uncertain. The Federal Reserve and other central banks will play a crucial role in guiding the market through decisions on interest rates and monetary policy. In this tense context, investors should expect increased volatility, as bitcoin may quickly oscillate between hope and uncertainty.