Bitcoin new year bear flag sparks $76K BTC price target next
Analysis
Price Impact
HighThe article highlights significant potential price movements for bitcoin, with bearish targets as low as $50,000 and an immediate target of $76,000 due to a 'bear flag' pattern and bearish divergences. there's also a more extreme prediction of a pump to $100,000 followed by a dump below $70,000.
Trustworthiness
MedThe analysis is based on technical indicators (bear flag, rsi, macd, bull market support band) and opinions from multiple traders. while technical analysis provides a framework, market predictions are inherently speculative, and the article presents conflicting short-term and long-term views.
Price Direction
BearishThe dominant sentiment among the cited analysts is bearish, with strong indications of a 'bear flag' pattern, bearish divergences, and the belief that the current bull run is ending, leading to potential drops to $76,000 or even $50,000. although there's a short-term hope for a relief bounce off the support band, the overarching sentiment points to significant downward pressure.
Time Effect
LongThe predictions discuss 'the next phase of its major correction,' 'planning for the next one when we land around 50k,' and a '2026 bottom,' indicating a longer-term bearish outlook following the potential end of the current bull cycle. the immediate drop to $76k would be shorter-term, but it's part of a broader correction.
Original Article:
Article Content:
William Suberg 1 minute ago Bitcoin new year bear flag sparks $76K BTC price target next Bitcoin price targets included $76,000 and $50,000 thanks to growing bearish BTC price divergences and lack of upward price momentum. Listen 0:00 Markets News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin ( BTC ) has a new $76,000 target as the daily chart continues to print a bear flag pattern. Key points: Bitcoin gets new $76,000 and $50,000 price targets for the next phase of its major correction. The bull market is “over,” a trader says, noting multiple bearish divergences. Bitcoin’s bull market support band offers short-term hope for the ongoing relief bounce. Trader on BTC price: “The bull run is over” In his latest analysis Thursday, trader Roman told X followers to expect another 17% BTC price drop. Since its recent local lows near $80,000, BTC/USD has struggled to rebound, instead trading within an upward-sloping channel. This has the potential to become a classic bear flag — a relief bounce within a broader downtrend, with new lows coming as a result. “Let the drop to 76k begin. Bear divs + bear price action proving their worth,” Roman commented alongside a chart showing price, volume, relative strength index ( RSI ) and moving average convergence/divergence (MACD) data. The post noted that macroeconomic catalysts, while propelling stocks higher, had failed to influence crypto market price action. Even lower US interest rates were no reason to expect relief. “Bitcoin went up 750% from macro lows,” Roman argued about the 2022 bear market bottom at $15,600. “The bull run is over. Your best option now is to plan for the next one when we land around 50k.” BTC/USD one-day chart. Source: Roman/X Throughout much of 2025, Roman warned of an impending bull-market collapse, with RSI in particular giving bearish signals on longer timeframes. The bear flag was not lost on the wider crypto trading community, meanwhile, with Ted Pillows drawing comparisons to price action from 2022. The resemblance between the $BTC current cycle and the last cycle is truly shocking. If this plays out, a pump to $100,000 and then a dump below $70,000. pic.twitter.com/ulJ6yu1uHZ — Ted (@TedPillows) December 11, 2025 Bitcoin bulls fight to preserve relief bounce In the short term, others saw modest signs of improvement. Related: Bitcoin due 2026 bottom as exchange volumes grind lower: Analysis Trader Luca noted that on the daily chart, price was now above Bitcoin’s bull market support band. BTC/USD one-day chart. Source: Luca/X Formed from the 21-period simple moving average (SMA) and 20-period exponential moving average (EMA), the support band often features as a safety net during bull-market corrections. “If the price can manage to bounce off this support band, then the mid-term outlook will become decisively bullish again,” Luca told X followers Thursday. BTC/USD is currently attempting its fourth daily candle close above the support band, per data from Cointelegraph Markets Pro and TradingView . This would be its longest stint above since early October. BTC/USD one-day chart with bull market support band. Source: Cointelegraph/TradingView This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information. # Bitcoin # Markets # Predictions # Market Analysis Add reaction