#BTC Is a 60% Bitcoin Crash Still on the Table? Analyst Points to Wall Street
Mediators from Qatar and Pakistan said the discussions were constructive, as both sides agreed to a 60-day timeline to secure a final deal. Further technical meetings are scheduled to take place at the Burgenstock resort later this week. The optimism surrounding the talks briefly pushed Bitcoin (BTC) above $64,000, although the asset later gave back some gains and fell below the level.
Worst-Case Scenario
Bitcoin could fall to $23,979 in 2026 if the broader stock market suffers a crash of more than 50%, according to technical analyst Jesse Olson. He shared a two-week Bitcoin chart that depicted BTC potentially declining toward the $23,980 level, based on a long-term volume-weighted support line derived from his proprietary Market Sniper Pro VWAP indicator.
Olson said such a move would likely require a major stock market downturn while adding that he does not expect Bitcoin to fall to zero.