Cointelegraph’s market analysis reported that an analyst warned Bitcoin could fall toward the $24,000 area if the US stock market were to crash by 50%. In that scenario, the report identified $23,980 as the worst-case downside level for Bitcoin.
The article framed the $23,980 level as a severe downside scenario rather than a confirmed outcome. The discussion focused on Bitcoin’s vulnerability under heavy pressure from US equities, while also pointing to conditions in ETF flows and demand from the United States.
According to the report, weaker ETF flows and low US demand show that large investors remain cautious. Against that backdrop, the analysis highlighted the $24,000 region as the key lower area in the worst-case setup described by the analyst.