Bitcoin News

Bitcoin Price Prediction as Traders Get Spooked By Curve Fallout – Will BTC Drop to $25,000?

Bitcoin’s current price is around $29,900, showing a decline from its recent peak. The market sentiment is tense due to recent events surrounding Curve Finance, and traders are speculating if Bitcoin will potentially drop to $25,000. The recent announcement of the US Federal Reserve raising its lending rate by 0.25% has given Bitcoin a boost, but such news can make the crypto market unstable and hard to predict.

The security breach at Curve Finance has added to the overall uncertainty in the cryptocurrency market, making traders cautious about potential vulnerabilities in decentralized platforms. This can indirectly impact Bitcoin’s price as it remains the leading cryptocurrency.

Cryptocurrency experts predict a positive trend for Bitcoin throughout the year, especially as the global economic situation becomes clearer. Investors are hopeful for a potential rally, bringing more growth to Bitcoin in the coming months.

Despite recent challenges with rate hikes and inflation data, both Bitcoin and Ethereum show signs of recovery. The market sentiment has shifted from “greed” to “neutral,” indicating a cautious approach from investors.

Technical analysis indicates that Bitcoin has been trading within a narrow range and may face resistance of around $30,000 if it continues to rise. However, the future remains uncertain as technical indicators like the RSI and MACD have entered the overbought zone, potentially leading to a bearish correction and a possible decline to $29,513. On the positive side, if Bitcoin continues to go up, the next target is likely to be $30,400.

In conclusion, while there are uncertainties and challenges in the cryptocurrency market, Bitcoin’s positive trend and steady value increase offer hope to investors for better days ahead.


Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.