Echo of crypto flash crash: Could Bitcoin fall to $72,000?

Traders Union
All News
Editors' Picks
Echo of crypto flash crash

Standard Chartered’s optimism

Ironically, just a week ago Standard Chartered Bank confidently stated that Bitcoin would never fall below $100,000 again. The bank’s head of digital asset research, Geoffrey Kendrick, published a forecast arguing that positive macroeconomic and geopolitical trends — particularly the warming relations between the U.S. and China — were creating a solid foundation for market recovery.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

According to Kendrick, trade negotiations between Washington and Beijing turned recent investor fear into hope. Easing tensions, postponed Chinese export restrictions, and plans for multi-year soybean purchases from the U.S. helped improve sentiment across risk assets, including crypto.

He also noted that the Bitcoin-to-gold ratio had returned to pre-crash levels, and inflows into spot Bitcoin ETFs could become a key signal for renewed growth.

“If the week goes well, Bitcoin may never fall below $100,000 again,” Kendrick said at the time — and as we can see now, he was mistaken.

CryptoQuant’s bearish forecast

According to CryptoQuant, the worst might still be ahead. The firm’s head of research, Julio Moreno, believes that if Bitcoin fails to hold the $100,000 level, the market could slide to $72,000 within one to two months.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Moreno agrees that the market is still feeling the aftermath of the October 10 collapse. Since then, spot market activity has been contracting, and investor sentiment remains deeply bearish. The Bull Score Index, which measures the balance between bullish and bearish moods, now sits at 20 points — well within the bearish zone. This suggests the market is not yet ready for a reversal, with the most likely near-term scenario being continued consolidation and potential dips toward $95,000 or lower.

What’s next for Bitcoin

Despite the short-term pessimism, the long-term outlook for Bitcoin and the broader crypto market remains positive. Experts agree that the current decline is not a crash but rather a natural correction after a strong rally — a stress test of the market’s infrastructure. A fall to $72,000, while possible, seems increasingly unlikely.

From a fundamental standpoint, the Bitcoin network is stronger than ever: the hashrate continues to hit all-time highs, institutional investors are expanding crypto infrastructure, and major banks and funds are launching products based on digital assets. Capital inflows into ETFs and corporate adoption of Bitcoin show that interest remains strong despite short-term volatility.

Meanwhile, the Federal Reserve’s monetary policy is gradually easing, which traditionally benefits risk assets. Against the backdrop of technological progress and the growing integration of blockchain into global finance, Bitcoin remains a cornerstone of the digital economy’s future. So even if the market tests lower levels in the coming weeks, the long-term growth scenario is unchanged — every wave of sell-offs eventually gives way to a new cycle of recovery.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.