Bitcoin price may drop to $23,980 if US stocks crash 50%
A US stock market crash of over 50% may accelerate Bitcoin’s sell-off.
The $23,980 level is a worst-case downside target based on a long-term volume-weighted support line.
Bitcoin’s price could tumble by over 60% to under $24,000 in 2026 if the stock market experiences a major crash.
Negative Coinbase premium and persistent ETF outflows hint at de-risking among institutional investors.