How Low Can BTC, ETH, and XRP Fall if the Crypto Sell-Off Worsens

Analyst Ali Martinez mapped out the next major downside levels for three of the leading cryptocurrencies if the market landscape worsens further. BTC, ETH, and XRP are all approaching key technical levels that could determine whether the latest correction deepens considerably or if the bulls will finally step up and prevent further losses. Martinez told his nearly 170,000 followers on X that downside risks for BTC are around $60,000; ETH could dump to $1,960; and XRP might revisit the $0.99 lows from August. BTC to $60K, ETH Below $2K In his latest post on X, the popular analyst argued that BTC is still trading inside a broad channel on the three-day chart, with $73,000 representing the crucial mid-range support. If the leading cryptocurrency loses that area decisively, he sees the channel’s lower boundary near $60,000 as the next major zone to watch. That would represent a substantial additional decline given the already painful pullback from $87,000 to the current $76,000. Moreover, it aligns with other bearish forecasts made by other analysts. As we reported recently, Bren warned that bitcoin could tumble to $56,000, which would mark a fresh multi-year low, before eventually rec...