The Bitcoin (BTC) term market reflects the possible renewal time after many weeks of cryptocurrency correction. Data from Cryptquant indicated that the BTC-USDT Futures lever coefficient in relation to the open interest (OI) decreased by half from the moment the summit was reached at the beginning of 2025.

This significant detachment has occurred due to mass liquidation over the past few weeks, which effectively pulled out most traders from the market. Therefore, current market conditions indicate a healthier market reset, which is not overheated and can potentially pave the way for indefinite price recovery.

Open interest in Bitcoin dropped 28% from USD 71.8 billion on USD 18 to 51.8 billion on April 8. This emphasizes the size of the current Deleverging event. Although this can cause compact -term variability, because few market players can control the price, in the long run they position BTC for stability, offering an advantage in the current uncertain trend.

Related: Bitcoin Futures Divergences indicates the transitional market – Are BTC Bulls gathering?

The analyst says that bitcoins worth $ 70,000 is the worst scenario

WX Post, Sina, co -founder of the 21st capital, presented Updating his Bitcoin quantile model and said that “Bitcoin is significantly reduced here.”

The analyst explained that Bitcoin could already finish 75-80% of his correction, falling from USD 109,000 to USD 74,500. Historically, prices dropped by up to 34% in six to eight weeks of such trends. Currently, Bitcoin has fallen by 31% compared to the highest all time, and a further drop to 72,000–70,000 USD would bring about 34%. Sina added

“Without recession, $ 70,000 is my worst scenario. Although the macro background remains gloomy and it is possible to sell further, we think that Bitcoin is deeply underestimated for the long -term investor.”

However, the probability of immediate recovery remains low because the Bitcoin Axel Adler Jr. researcher. Expecting BTC to move sideways in the “corridor of variability”.

The volatility corridor identified the price range from 75,000 to 96,000 USD, described with the aid of the compact -term prices of owners at various periods.

Adler Jr. He said that it is possible that BTC would consolidate between these levels in the next few weeks, but warned that the price must keep a position above the 365-day straight movable average. The break below the key indicator may potentially lead to a novel low level below USD 74,500, with an ideal price is USD 70,000, as mentioned earlier.

Related: Trump’s tariffs to destroy the idea that Bitcoin can survive the American dollar

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.