Bitcoin price may hit $24K if US stock market crashes by 50%, analyst warns
21 Jun 2026 · 14:21 UTC · Cointelegraph RSS Feed · Original source
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Summary
Bitcoin’s drop to $23,980 remains the worst-case scenario as weaker ETF flows and low US demand show big investors are still cautious.
Why it matters
The prediction is based on the correlation between Bitcoin's price movements and the performance of the US stock market. A 50% crash in stocks could trigger panic selling in Bitcoin, leading to a significant price drop. The low ETF flows and weak demand indicate a lack of confidence among institutional investors, further supporting a bearish sentiment. However, uncertainties remain, including potential market recovery or unexpected bullish news.
Expected impact
Analysts suggest that Bitcoin could drop to around $24,000 if the US stock market experiences a significant crash. The current market sentiment shows caution among large investors, which may lead to a bearish outlook for Bitcoin in the near term.