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via Cointelegraph · By Cointelegraph Staff

Bitcoin Price Eyes $24K if US Stock Market Crashes 50% or More

BTC

BTC/USDT

$63,707.09
-0.62%
24h Volume

$15,525,988,396.97

24h H/L

$65,622.83 / $63,642.02

Change: $1,980.81 (3.11%)

Long/Short
64.9%
Long: 64.9%Short: 35.1%
Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,063.66

0.07%

Volume (24h): -

Resistance Levels
Resistance 3$66,822.51
Resistance 2$65,712.57
Resistance 1$64,184.50
Price$64,063.66
Support 1$63,949.65
Support 2$61,834.89
Support 3$59,130.91
Pivot (PP):$64,055.99
Trend:Downtrend
RSI (14):41.1
CS
Cointelegraph Staff
(02:21 PM UTC)
1 min read
EW
Verified byEmily Watson
964 views
0 comments

Bitcoin (BTC) could tumble by over 60% to under $24,000 in 2026, according to technical analyst Jesse Olson, if the stock market experiences a major crash.

Key takeaways:

  • A US stock market crash of over 50% may accelerate BTC's sell-off.
  • Negative Coinbase premium and persistent ETF outflows hint at de-risking among institutional investors.

Bitcoin chart flags $23,980 worst-case downside target

In a Su…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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