Bitcoin’s futures Market shows signs of a potential price cooldown after weeks of corrections. Recent data reveals that the leverage ratio for BTC-USDT futures has halved since early 2025, mainly due to significant liquidations removing many traders from the Market. While Bitcoin’s open interest dropped by 28%, indicating large-scale de-leveraging, this could lead to a healthier Market and pave the way for a steady price recovery. An analyst suggests that Bitcoin might drop to around $70,000, which he sees as its worst-case scenario, but believes it remains undervalued. In the short term, Bitcoin may experience sideways movement within a price range of $75,000 to $96,000, depending on Market stability.
Bitcoin Sees Potential Price Cooldown Amid Market Changes
Bitcoin’s futures Market is showing signs of a potential price cooldown following several weeks of correction. Recent data from CryptoQuant reveals that the leverage ratio for Bitcoin (BTC) against Tether (USDT) has significantly dropped, halving since its peak in early 2025. This shift suggests a move towards healthier Market conditions, as many traders have exited due to recent liquidations.
Open interest in Bitcoin futures also saw a substantial decrease, plummeting by 28% from $71.8 billion in mid-December to around $51.8 billion by early April 2025. While this de-leveraging might lead to some short-term price swings, it positions Bitcoin for potential long-term stability, promising a more balanced Market environment for investors.
Analysts are weighing in on Bitcoin’s price with varying forecasts. One prominent analyst, Sina from 21st Capital, suggests that a further decline could bring Bitcoin to a worst-case scenario of $70,000. He explains that Bitcoin is currently undervalued for long-term investment. Meanwhile, another researcher, Axel Adler Jr., anticipates that Bitcoin may bounce around a price range of $75,000 to $96,000 in the near term, warning that it must remain above its 365-day moving average to avoid hitting new lows.
In summary, while Bitcoin is undergoing significant price adjustments, the long-term outlook may still lean positive, provided it navigates the current Market turmoil effectively.
Tags: Bitcoin, Bitcoin Futures, Cryptocurrency Market, Price Analysis, Market Trends
What does “significantly de-risked” mean for Bitcoin?
When analysts say Bitcoin is “significantly de-risked,” they mean that the chances of big price drops have decreased. Most of the recent price corrections are likely behind us, making Bitcoin feel safer for investors now.
Why is it important that 80% of the price correction is done?
If 80% of the price drop is over, it suggests that Bitcoin’s price might stabilize or even rise. This can encourage more people to invest because they feel there’s less risk of losing money right now.
Can we expect the price of Bitcoin to go up soon?
While past trends can provide clues, no one can predict Bitcoin’s price with certainty. However, if analysts are right about the corrections being mostly done, the price may have a good chance of increasing in the future.
How should investors react to this news?
Investors might consider this a good time to buy or hold Bitcoin. Since the risks seem lowered, they may feel more confident in making investment decisions related to Bitcoin.
What are some signs to watch for in the Bitcoin Market?
Investors should keep an eye on Market trends and news. Look for signs like increased trading volume, positive media coverage, or broader acceptance of Bitcoin, which could indicate future price changes.