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Bitcoin Hasn’t Fully Capitulated Yet: Analysts Warn of Lower Levels Ahead
Jul 8, 2026
< 1 min read
by Jordan Lyanchev
for CryptoPotato
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AI Overview
Bitcoin has so far performed better than expected but was recently rejected at $64,000, prompting analysts Ali Martinez and Ted Pillows to set new bearish targets. The rejection raises downside risk for BTC and could pressure crypto markets, DeFi and DEX sentiment until a decisive breakout or supporting catalyst appears.
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There’s a lot that’s not going bitcoin’s way at the moment, but we will delve into that in a moment. For this intro, we will just suggest that BTC might actually be performing better than expected, at least for now.
However, the latest rejection at $64,000 could spell more trouble ahead, and here are the new bearish targets set by Ali Martinez and Ted Pillows.
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