Bitcoin Could Fall Below $24K if U.S. Stock Market Crashes 50%

Technical analyst Jesse Olson warned Bitcoin could tumble by more than 60% to under $24,000 in 2026 if the U.S. stock market suffers a crash exceeding 50%. He posted a two-week Bitcoin chart that points to a $23,980 downside target, derived from a long-term volume-weighted support line in his Market Sniper Pro VWAP indicator.

The chart’s yellow line is a custom anchored volume-weighted average price (aVWAP), a tool traders use to track an asset’s average price weighted by volume from a chosen starting point. Olson appears to have anchored that line from the 2022 bear market bottom, allowing it to slope forward as a potential long-term support zone.

Other market veterans have sounded similar alarms. Jeremy Grantham called the ongoing AI-driven rally a major speculative bubble, Michael Burry likened the move to the final stages of the dot-com mania, and economist Gary Shilling warned a U.S. recession is “almost inevitable” by year-end, with stocks at risk of a 20%–30% drop.

United States

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