As of the writing of this article, the price of Bitcoin hovers around $60,900. Will the decline continue? By examining the evaluations shared by different experts in recent hours, we can gain insights into the short-term outlook. Analyzing diverse opinions allows us to notice details that may not be apparent in the current market environment.
Bitcoin Price Prediction
Bitcoin (BTC) 
$76,042, while fluctuating around $65,000, has drawn attention from crypto analyst Roman regarding the potential for a decline. He suggests that this trend may persist, with a scenario predicting a drop to $57,000 based on the following chart.
“I am still following my plan down to the $57,000 region. However, I am not closed off to a new setup before the decline. I need to see better signals because the possibility of consolidation at lower levels is significant on the four-hour chart.”
Ali Martinez also pointed to a key level at $60,365.
“If BTC falls below this level, we could see a drop down to $57,420. However, if BTC holds, a recovery to $63,300 is possible. All eyes are on $60,365!”
Bitcoin’s latest assessment comes from Moustache, who, like Ali Martinez, anticipates a recovery.
“Bitcoin is gradually reaching a significant support level.
-EMA 200 (Daily)
-Re-testing the triangle it broke out of previously.”
Ethereum Price Prediction
Those curious about performance predictions for altcoins should look at the ETH charts. Significant surges among altcoins often coincide with ETH rallies, and ETH has experienced substantial losses in line with the overall market. Michael Poppe described the current ETH chart as “terrible.”
“The situation of Ethereum 
$2,369 against Bitcoin is the worst chart I have seen in a while. ETH is fundamentally growing significantly but is failing to gain any momentum. It was rejected at a significant level and returned to lower levels. What’s next? Let’s see what happens after it tests the lower levels.”
In addition to the Fed’s interest rate cuts, we have not seen significant capital inflows into the cryptocurrency markets. Due to weak volumes and order books, speculative movements in futures continue to cause market fluctuations. This indicates that the likelihood of a sudden upward breakout is not strong in the short term. Cryptocurrencies need a price catalyst to support risk appetite.
