As the cryptocurrency market enters 2025, a potential downturn could be on the horizon for Bitcoin, according to a new report by Bravos Research. The firm’s latest Macro Report, titled “Is the 2025 Bitcoin Crash Starting?”, explores factors that could lead to Bitcoin retreating to $80,000 — a level it suggests could become a prime buying opportunity.
BTC Faces Fresh Challenges
Currently trading below the $100,000 mark, Bitcoin is grappling with several headwinds, including record outflows from U.S. spot Bitcoin exchange-traded funds (ETFs), underperforming stock markets, and hawkish signals from the Federal Reserve.
Bravos Research emphasizes that Bitcoin, while “undeniably in the parabolic stage,” might soon correct its course. The report highlights a potential scenario where Bitcoin could “catch down to stocks’ weakness,” mirroring the trend seen in December 2024 when BTC and the S&P 500 started to diverge.
Why $80K Could Be Key
Bravos identified $80,000 as a critical level for Bitcoin. If the price does fall to this point, the firm sees it as a solid “buy the dip” opportunity for investors looking to benefit from the next upward leg in Bitcoin’s ongoing bull run.
“This setup is reminiscent of September 2024,” the report noted. “Back then, Bitcoin lagged behind stocks but eventually caught up. Now, we might see the opposite, with Bitcoin aligning with stocks’ downward trend.”
Bitcoin ETFs: A Double-Edged Sword
ETFs, which have played a significant role in Bitcoin’s recent rally, could also contribute to its potential decline. Bravos Research points to massive outflows from BlackRock’s iShares Bitcoin Trust (IBIT) and other ETFs as a warning sign. Despite their current accumulation of 3,000 BTC daily — enough to theoretically push Bitcoin prices up by 50% in the short term — even a minor slowdown in ETF buying could spark a sell-off.
The report also cites historical precedent, noting that in March 2024, Bitcoin prices fell by 30% despite continued ETF purchases. This highlights the complex relationship between ETF flows and BTC price movements.
What Lies Ahead?
While some analysts predict Bitcoin could reach new highs in 2025, Bravos Research advises caution. “We’re still bullish on Bitcoin long-term,” the report concludes, “but short-term corrections are natural and can provide valuable entry points for savvy investors.”
As Bitcoin navigates these uncertain waters, all eyes remain on how macroeconomic factors and ETF activity will shape its price trajectory in the months ahead.
