Bitcoin (BTC) has a brand-new $76,000 target as the day-to-day chart continues to print a bear flag pattern.
Bottom line:
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Bitcoin gets brand-new $76,000 and $50,000 rate targets for the next stage of its significant correction.
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The booming market is “over,” one trader states, keeping in mind several bearish divergences.
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Bitcoin’s booming market assistance band provides short-term expect the continuous relief bounce.
Trader on BTC rate: “The bull run is over”
In his newest analysis on Thursday, trader Roman informed X fans to anticipate another 17% BTC rate drop.
Considering that its current regional lows near $80,000, BTC/USD has actually had a hard time to rebound, rather trading within an upward-sloping channel.
This has the prospective to end up being a traditional bear flag, a relief bounce within a more comprehensive drop, with brand-new lows coming as an outcome.
” Let the drop to 76k start. Bear divs + bear rate action showing their worth,” Roman commented together with a chart revealing rate, volume, relative strength index (RSI) and moving typical convergence/divergence (MACD) information.
The post kept in mind that macroeconomic drivers, while moving stocks greater, have actually stopped working to affect crypto market value action. Even lower United States rate of interest are no factor to anticipate relief.
” Bitcoin increased 750% from macro lows,” Roman argued about the 2022 bearishness bottom at $15,600.
” The bull run is over. Your finest choice now is to prepare for the next one when we land around 50k.”
Throughout much of 2025, Roman cautioned of an approaching booming market collapse, with the RSI in specific providing bearish signals on longer timeframes.
The bear flag was not lost on the larger crypto trading neighborhood, with Ted Pillows drawing contrasts to rate action from 2022.
The similarity in between the $BTC existing cycle and the last cycle is really stunning.
If this plays out, a pump to $100,000 and after that a dump listed below $70,000. pic.twitter.com/ulJ6yu1uHZ
— Ted (@TedPillows) December 11, 2025
Bitcoin bulls battle to protect relief bounce
In the short-term, others saw modest indications of enhancement.
Related: Bitcoin due 2026 bottom as exchange volumes grind lower: Analysis
Trader Luca kept in mind that on the day-to-day chart, the rate was now above Bitcoin’s booming market assistance band.
Formed from the 21-period basic moving average (SMA) and 20-period rapid moving average (EMA), the assistance band frequently includes as a safeguard throughout bull-market corrections.
” If the rate can handle to bounce off this assistance band, then the mid-term outlook will end up being decisively bullish once again,” Luca informed X fans Thursday.
BTC/USD is presently trying its 4th day-to-day candle light close above the assistance band, per information from Cointelegraph Markets Pro and TradingView. This would be its longest stint above because early October.
This post does not include financial investment guidance or suggestions. Every financial investment and trading relocation includes danger, and readers need to perform their own research study when deciding. While we aim to offer precise and prompt details, Cointelegraph does not ensure the precision, efficiency, or dependability of any details in this post. This post might include positive declarations that undergo dangers and unpredictabilities. Cointelegraph will not be responsible for any loss or damage developing from your dependence on this details.
This post does not include financial investment guidance or suggestions. Every financial investment and trading relocation includes danger, and readers need to perform their own research study when deciding. While we aim to offer precise and prompt details, Cointelegraph does not ensure the precision, efficiency, or dependability of any details in this post. This post might include positive declarations that undergo dangers and unpredictabilities. Cointelegraph will not be responsible for any loss or damage developing from your dependence on this details.