BTC threatens to plummet further, experts and JPMorgan CEO reveal 2008-like crisis signals!

Jakarta, Pintu News – The crypto market has been hit by negative sentiment again after Bitcoin experienced a sharp decline. Not only Bitcoin (BTC), a number of other major digital assets have also taken a hit in line with the global stock market weakness.

Amid economic uncertainty and geopolitical concerns, analysts are warning of a potential deeper drop for Bitcoin (BTC). Meanwhile, JPMorgan’s CEO, Jamie Dimon, warned of the similarities between the current market conditions and the 2008 global financial crisis.

Bitcoin (BTC) Selling Pressure Increases, Technical Signals Turn Negative

The latest data from CryptoQuant shows that the selling pressure on Bitcoin (BTC) is getting stronger after the Coinbase Premium index failed to stay above the zero level. This indicator signals that buying interest from institutional investors in the United States is waning, so the market momentum is reversing towards sellers.

This decline was compounded by the loss of an important support level in the $65,000 range, which has been a psychological stronghold for market participants. With this support broken, Bitcoin (BTC) is now exposed to a lower liquidity area in the $60,000 to $63,000 range.

Analysts from Glassnode and 10x Research also warned that Bitcoin (BTC) price still has the potential to drop further in the near future. One of the analysts, Ted, highlighted that Bitcoin (BTC)’s buy/sell taker ratio has fallen below one, signaling the dominance of sellers in current transactions.

In addition, the monthly RSI indicator falling below the 38 level has historically often been a sign of an approaching price bottom cycle. However, Ted emphasized that the direction in which Bitcoin (BTC) is moving is now heavily influenced by global stock market sentiment, rather than internal fundamentals.

Read also: Shiba Inu (SHIB) Price Projected to Soar 700% in 2026, These Are the Determinants!

JPMorgan CEO Warning: Credit Risk Similar to 2008 Crisis

In the midst of the crypto market turmoil, Jamie Dimon as CEO of JPMorgan Chase issued a strong warning regarding the condition of the global financial markets. Dimon considers that there are currently similarities with the period before the 2008 financial crisis, where many financial institutions took excessive credit risks in pursuit of short-term profits.

He called some of the competitors’ actions “stupid things” that are only oriented towards increasing net interest income without considering long-term risks. However, Dimon emphasized that JPMorgan will not follow in this footsteps and still maintain the principle of prudence.

Dimon also highlighted that the current credit cycle still looks solid, but he warned that “cracks” could appear at any time. He added that the timing of a major correction is difficult to predict, but history shows that market euphoria is often followed by sharp adjustments.

In addition, Dimon highlighted the role of artificial intelligence technology as a disruptive force that could significantly change the landscape of the financial and software industries. This adds uncertainty amidst already high market volatility.

Read also: Clarity Act Crypto 2026 Freefall, 15% Global Tariff Triggers Crypto Market Panic?

Long Term Prediction: Bitcoin (BTC) Could Break $450,000?

Despite the looming short-term pressures, a number of financial institutions remain optimistic about Bitcoin’s (BTC) long-term prospects. TD Cowen, for example, projects that the value of Bitcoin (BTC) could soar up to five times in the event of a major surge in the tokenization of real-world assets and a 90% decrease in the velocity of digital asset turnover.

In that scenario, the price of Bitcoin (BTC) could potentially reach around $450,000 per coin in the next few years. However, this projection relies heavily on the assumption that the adoption of asset tokenization will expand globally.

In addition, TD Cowen also predicts that Bitcoin (BTC) could break the $225,000 level by the end of fiscal year 2027. However, they caution that this prediction model is highly sensitive to changes in macroeconomic variables and regulatory developments in the crypto sector.

Currently, Bitcoin (BTC) price is still around $64,438, down 0.30% in the last 24 hours and down 5.33% on a weekly basis. The short-term price structure shows a clear downward trend, with the nearest resistance at $65,000 and major support at $62,500.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• CoinGape. Expert Predicts Deeper Bitcoin Decline As JPMorgan CEO Warns Of Similarities To The 2008 Financial Crisis. Accessed on February 25, 2026
• Featured Image: Generated by AI