CGD - Crypto Government Department logo CGD - Crypto Government Department logo
Crypto Potato 2025-12-30 13:29:24

Bearish Pattern Spells Trouble for Bitcoin (BTC) Bulls

Bitcoin is trading near a major decision point. It is holding between strong resistance at $90,000 and a potential support zone between $70,000 and $65,000. Traders are watching how the price moves around these levels to gauge the next direction as the year ends. Bearish Pattern Below $90K Crypto Patel shared a chart showing Bitcoin forming a bearish pennant, which developed after a 22% drop and shows price tightening into a smaller range. The asset is near $87,900 at press time. Patel wrote, “$BTC must break $90,000 to unlock the $107,000 upside.” If the move fails, the target shifts to around $70,000, based on the size of the earlier drop. A further decline to $65,000 remains possible. Notably, the pennant lines are converging, and the price is sitting near the apex. If the pattern breaks down, it would follow the same direction as the previous move. Patel called these levels “ critical ” and urged close attention. Moreover, Lennaert Snyder noted that Bitcoin swept into the $86,900 zone, which he described as an area of interest for long trades. He said , “Before entering longs, I’d prefer to see some liquidations first.” He also mentioned $85,000 and slightly lower levels as better long setups if the market dips again. On the short side, Snyder said he would wait for a push above $90,600, followed by weakness, before taking action. He added, “If we see a serious reclaim above ~$90,600, I’ll be looking for continuation longs.” Weekly Chart Warning Ali Martienz shared a chart showing a death cross on the weekly timeframe. This pattern formed three weeks ago, when the 10-week moving average crossed below the 50-week. He pointed out that in past cycles, this signal often came before deeper pullbacks or long sideways periods. Past drawdowns included moves of –54% to –66%. Three weeks ago, Bitcoin $BTC printed a death cross between the 10-week and 50-week SMA. pic.twitter.com/FMYQmpTrTb — Ali Charts (@alicharts) December 29, 2025 Martinez also noted that the current rebound could resemble a “ dead-cat bounce ” like the one seen after the 2021 market peak. As previously reported , Bitcoin is sitting on the 100-week moving average. This level has marked the start of past major cycle corrections. Long-Term Range Coming Into View Daan Crypto Trades noted that Bitcoin is close to the lower band of its regression trend, often referred to as the rainbow chart. That zone currently ranges between $60,000 and $80,000. He explained, “This is generally where BTC sits during its bear market and doesn’t drop below (2022 aside).” As long as the asset remains within this price range, traders are observing how it responds along the lower border. The subsequent action can determine further upward trending or a turn downward into the beginning of 2026. The post Bearish Pattern Spells Trouble for Bitcoin (BTC) Bulls appeared first on CryptoPotato .

Διαβάστε την Αποποίηση Ευθυνών : Όλο το περιεχόμενο που παρέχεται εδώ στον ιστότοπό μας, τους υπερσυνδεδεμένους ιστότοπους, τις σχετικές εφαρμογές, τα φόρουμ, τα ιστολόγια, τους λογαριασμούς κοινωνικών μέσων και άλλες πλατφόρμες (“Site”) προορίζεται μόνο για τις γενικές πληροφορίες σας, που προέρχονται από τρίτες πηγές. Δεν κάνουμε καμία εγγύηση οποιουδήποτε είδους σε σχέση με το περιεχόμενό μας, συμπεριλαμβανομένης ενδεικτικά της ακρίβειας και της ενημέρωσης. Κανένα μέρος του περιεχομένου που παρέχουμε δεν αποτελεί οικονομική συμβουλή, νομική συμβουλή ή οποιαδήποτε άλλη μορφή συμβουλών που προορίζεται για τη συγκεκριμένη εμπιστοσύνη σας για οποιονδήποτε σκοπό. Οποιαδήποτε χρήση ή εξάρτηση από το περιεχόμενό μας είναι αποκλειστικά με δική σας ευθύνη και διακριτική ευχέρεια. Πρέπει να πραγματοποιήσετε τη δική σας έρευνα, να ελέγξετε, να αναλύσετε και να επαληθεύσετε το περιεχόμενό μας προτού βασιστείτε σε αυτά. Η διαπραγμάτευση είναι μια εξαιρετικά επικίνδυνη δραστηριότητα που μπορεί να οδηγήσει σε μεγάλες απώλειες, επομένως συμβουλευτείτε τον οικονομικό σας σύμβουλο πριν λάβετε οποιαδήποτε απόφαση. Κανένα περιεχόμενο στον ιστότοπό μας δεν προορίζεται να είναι παράκληση ή προσφορά