Bitcoin Price Prediction: BTC Dips Below $90K but This $28M Presale Can Help It Recover

Bitcoin (BTC) holders finally have something to be optimistic about. After a tense few days following its fall below $100,000, the OG crypto has staged a minor rebound. It rejected the $90,000 level twice and is currently trading around $91,400 – with most altcoins posting small gains alongside it.

Some traders now believe that the local bottom might be in. And while the charts still look bearish, our latest Bitcoin price prediction suggests that the worst of this leverage flush is over. If $90,000 holds, another leg up is on the table before the year ends.

But for Bitcoin to push up, it might need a boost from the ecosystem built around it. This is where Bitcoin Hyper (HYPER) comes in. It’s a new Layer-2 project designed to help Bitcoin scale – and with its presale raising $28 million, it looks like the kind of infrastructure catalyst that could help Bitcoin rally.

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Bitcoin Defends the $90K Level as Buyers Return

Bitcoin’s overnight dip mirrors Tuesday’s price action, where sellers tried to break $90,000 but failed to close below it. The 4-hour chart highlights this struggle, showing a candle with a long downside wick – basically a signal that a heavy wall of buy orders is sitting at that level.

A small double bottom pattern has now formed on the 4-hour timeframe, which could signal stabilization. But given the heavy selling pressure leading up to this, the market likely needs a much stronger reaction to confirm a genuine reversal.

Trader sentiment also helps explain the chop. The Crypto Fear & Greed Index is sitting at 15 – its lowest level since late February – while Bitcoin’s daily RSI has finally entered oversold territory.

These oversold conditions are a big reason why Bitcoin managed to grind slightly higher over the past day. They suggest that the intense selling pressure has likely peaked.

Bitcoin Price Prediction – Why $150K Is Still on the Table

So, where do we go from here? If you zoom out, the thesis for a Bitcoin rally by year-end hasn’t changed much, even though BTC has wicked below $90,000. Actually, that level looks like a line in the sand for several reasons.

First, miners have bills to pay. JPMorgan data pegs the current production cost of one BTC at around $94,000 due to hardware and energy expenses. So when the coin’s price dips below that breakeven point, miners stop selling. They aren’t in the business of losing money.

Although Bitcoin has been suffering from extremely bearish sentiment recently, another breakdown could reverse into a bull trap if support holds. And unless we see a black swan event – like a major exchange hack – this current 29% correction fits the range for a bull market pullback.

So, if $90,000 holds as support, the path of least resistance for Bitcoin is up. A potential year-end target lies around $120,000 – and could rise as far as $140,000 or $160,000 under the most bullish conditions. Should Bitcoin reach the upper end of that range, it would represent a 75% jump from here, as many BTC forecasts suggest.

Bitcoin Hyper – The New Layer-2 Solution That Could Reignite the Bitcoin Bull Run

If Bitcoin is going to hit that range, it needs more than just HODLers; it needs utility. Right now, the blockchain is secure but slow – 3 transactions per second (TPS) isn’t what users are looking for. This lack of speed is why Bitcoin Hyper’s timing could be perfect.

By integrating the Solana Virtual Machine (SVM), Bitcoin Hyper delivers Solana-grade speed and smart contract support to the Bitcoin blockchain. That means a theoretical capacity of 65,000 TPS and the ability to handle DeFi apps, stablecoins, and even meme coins – all while anchoring security back to Bitcoin.

Investors are hyped about this. The project has raised over $28 million in its presale, defying the current market conditions. Capital is rotating into Bitcoin Hyper because smart money sees the gap: Bitcoin needs scaling to compete with Ethereum and Solana, and this new Layer-2 provides precisely that.

Plus, by unlocking new use cases, Bitcoin Hyper could lock up BTC in its ecosystem, reducing sell pressure on the open market. And when selling pressure drops, the market has no choice but to push Bitcoin’s price higher.

With the HYPER token currently priced at $0.013295 in presale and staking yields estimated at 41% APY, many investors believe now is the ideal time to gain exposure before its first DEX listing.

For more insights and forecasts, visit our full guide to Bitcoin Hyper price predictions next.