Bitcoin’s worth motion in current days has shifted from managed upward momentum to rejection previously 24 hours. After failing to carry above $97,000 final week, Bitcoin has rolled over with increasing draw back momentum, printing consecutive indecisive bearish candles on the each day timeframe.
An attention-grabbing view was specified by a current technical evaluation shared on X by a crypto analyst often known as Guru, who argued that what many merchants mistook for consolidation was, in actual fact, a late-stage distribution section for Bitcoin.
Rejection At The Vary Prime
Technical evaluation of Bitcoin’s worth motion on the each day candlestick timeframe chart reveals that the main cryptocurrency has been buying and selling in an ascending channel with a sequence of upper lows and better highs since November 2025. An ascending channel is usually bullish, because it suggests consumers are more and more gaining management.
Nonetheless, the outlook laid out by Guru initiatives Bitcoin’s worth motion resolving right into a bearish downturn. Notably, Bitcoin’s worth motion just lately pushed into the higher boundary of the vary and was firmly rejected. This rejection is the focus of his evaluation. As an alternative of a breakout or a clear continuation increased, Bitcoin did not maintain momentum at resistance, which is an indication that sellers are stepping in.
In Guru’s view, this conduct is inconsistent with accumulation. He describes the construction as a rising vary forming after a accomplished enlargement. The rejection on the higher boundary means provide is overwhelming demand, though the value is trending barely increased inside the vary.
Based mostly on this, the analyst warned that the “celebration is over” for bulls as a remaining warning for merchants earlier than a projected downturn. “Final name to SELL earlier than the REAL crash hits beneath 80K. Bulls received’t get one other warning,” he stated.
Value Goal And The Bearish Roadmap
Guru’s evaluation may be very particular in terms of the place he believes Bitcoin is headed if the vary continues to carry as resistance. By way of a worth goal, the analyst projected a transfer that sees BTC falling beneath $80,000 and even extending the crash beneath $76,000.
Because it stands, Bitcoin is buying and selling at $92,930, having retraced by 2.1% previously 24 hours. What has added validity to Guru’s prediction is the comparability between his earlier evaluation in December 2025 and the present worth motion. A month in the past, he shared the identical rising channel and outlined a path that he anticipated the value of Bitcoin to comply with inside the channel.
Bitcoin revered the channel all through December, bounced inside its boundaries, after which rejected nearly exactly the place the projection steered. The following decline is unfolding alongside the identical path he outlined. This alignment has led Guru to double down on his bearish outlook.
The analyst additionally challenged the narrative of BTC as a reliable retailer of worth in what he describes as a “chaos economic system” in 2026.
Featured picture from Pngtree, chart from Tradingview.com
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