Bitcoin could fall to $24K if US stocks crash 50%, analyst warns

An analyst has warned that Bitcoin could drop to $23,980 if the US stock market crashes by 50%, citing weak ETF flows and low US demand as signs that large investors remain cautious.

The warning comes as Bitcoin trades well below its all-time highs, with the analyst outlining a worst-case scenario where a severe equity downturn pulls the cryptocurrency down to the $24,000 level. The projection is based on the correlation between Bitcoin and risk assets like US stocks, which has strengthened in recent months. Weaker inflows into spot Bitcoin ETFs and subdued demand from US-based investors suggest that institutional players are not yet ready to deploy significant capital into the market.

For cryptocurrency traders, this analysis underscores the importance of monitoring traditional market signals. A sharp decline in US equities could trigger a wave of risk-off sentiment, dragging Bitcoin lower. Live crypto prices and charts on NowPrice show how the market is currently reacting to these macro concerns. Traders should watch for key support levels around $24,000 and monitor ETF flow data for signs of renewed institutional interest. The analyst's scenario remains hypothetical, but it highlights the vulnerability of crypto assets to broader financial market stress.