Yigit Taha OZTURK 
The US Federal Reserve’s potential decision to completely delay rate cuts in 2025 could spark a widespread market sell-off. Network economist Timothy Peterson suggests that this scenario might push Bitcoin prices down to the $70,000 range.
Fed’s Move Could Ignite the Bear Market!
On March 8, Timothy Peterson posted on X, saying, “It only needs one trigger. I think that trigger may be as simple as the Fed not cutting rates at all this year.” Just a day earlier, Jerome Powell had stated that there’s no rush to lower interest rates.
Speaking in New York, Powell remarked, “We do not need to be in a hurry and are well-positioned to wait for greater clarity.” These statements have increased uncertainty in the markets.
Could Bitcoin Drop to $57,000?
Peterson, using his Nasdaq decline model, estimated that if a bear market begins, Nasdaq could drop by 17%. Adapting this to Bitcoin, he predicted a 33% decrease, potentially bringing BTC down to $57,000.
However, Peterson noted that such a drop is unlikely. “Traders and opportunists hover over Bitcoin like vultures,” he explained, adding that if Bitcoin approaches $57,000, buyers will likely step in before it gets that low. He expects Bitcoin to bottom closer to the $70,000 range.
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Peterson recalled how, in 2022, many expected Bitcoin to bottom at $12,000, but it only dropped to $16,000. “The same could happen here. If the bottom is expected at $57,000, a 25% higher level would be around $71,000,” he added.
Bitcoin was trading near $71,000 on November 6, after Donald Trump won the US election. It then rallied for a month, surpassing $100,000 by December 5.
In January 2025, Arthur Hayes forecasted a correction in BTC prices to the $70,000–$75,000 range. He also predicted a rally to $250,000 by the end of the year. Blockware Solutions offered a more conservative bear case, projecting Bitcoin could reach $150,000 in 2025 if the Fed reverses its stance on interest rate cuts.
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