I The price of Bitcoin dropped to $60,000 sparked controversy throughout the crypto market, but a recent analysis from market experts BitQuant explains why this move was inevitable and necessary. According to the company, the sharp drop in BTC is not the result of widespread panic or manipulation but rather a natural development in its market structure. The company explained that the recent top of the area, which exceeded $ 126,000, fell on the expectations necessary for a healthy growth in the price of Bitcoin.
Early Liquidation of Markets and Markets Disrupted Bitcoin Price Structure
In a long post on X, BitQuant report that its top of the Bitcoin area was initially set at $ 145,000, but this was not reached, leaving the cryptocurrency. more than $126,000 in early October 2025. According to the company, this earlier-than-expected peak caused a structural failure that prevented the Bitcoin market from building a solid foundation for continued price gains.
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On October 10, during the meeting a devastating liquidation eventBitQuant noted that a technical problem in Binance caused a sudden drop in BTC, from about $120,000 to $105,000, adding volatility to its already weak setup. Although others may interpret this The Binance issue as a fraud, the crypto company emphasized that such events are common in the market, especially in the Bitcoin market. The company also added that the termination and technical error were not significant enough to justify everything bad what followed.
BitQuant emphasized that the important point is that the initial price of Bitcoin interrupted its natural cycle of distribution and correction, which usually allows its price to consolidate before trying higher levels. Without a solid foundation, the market could not continue strong bullish momentumcreating bearish conditions that make BTC return to the $60,000-$62,000 region.
In a clean, structural scenario, the company said that Bitcoin should reach $145,000, be distributed there, face a correction of about 25-30%, and then build a solid base before the next price increase.
New Building Sets Stage for Future Expansion
Although BitQuant highlighted the flaws in the Bitcoin’s current market structurethe company said that the cryptocurrency has already established a new setup following its drop to $60,000. The company noted that this revised pricing structure is now supportive of our continued outlook The next phase of BTC expansion.
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BitQuant also clarified that this is not the beginning of a new market cycle, but rather a continuation of the cycle that started around $16,000. The company emphasized that market performance and success in the coming months will depend on whether traders and investors view the next move as a new cycle or a continuation of the current one. Although The decline of Bitcoin towards $60,000 shook the market, the cryptocurrency has recovered slightly and is trading back above $67,000 at the time of writing.
Featured image from Pixabay, chart from Tradingview.com
