Bitcoin (BTC) has a brand new goal of $76,000 as a bear flag pattern continues to be seen on the every day chart.
Key points:
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Bitcoin gets recent price targets of $76,000 and $50,000 for the following phase of its major correction.
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The bull market is “over,” says one trader, noting several bearish divergences.
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The Bitcoin bull market support band offers short-term hope for a sustained recovery.
Trader on BTC price: “The bull run is over”
In his latest evaluation on Thursday, trader Roman told X-Followers to expect one other 17% BTC price drop.
Since its recent local lows near $80,000, BTC/USD has struggled to recuperate, as a substitute trading inside an uptrend channel.
This has the potential to turn out to be a classic bearish flag, a recovery rally inside a broader downtrend, leading to recent lows.
“Let the decline to 76,000 begin. Bear divergence + bear price motion proves its value,” Roman commented alongside a chart showing price, volume, relative strength index (RSI) and moving average convergence/divergence (MACD) data.
The post noted that while macroeconomic catalysts pushed stocks higher, that they had no impact on price motion within the crypto market. Even lower US rates of interest aren’t any reason to expect relief.
“Bitcoin is up 750% from macro lows,” Roman argued concerning the 2022 bear market bottom at $15,600.
“The bull market is over. Your most suitable choice now’s to plan for the following one once we hit around 50,000.” BTC/USD one-day chart. Source: Roman/X
For much of 2025, Roman warned of an impending bull market collapse, with the RSI particularly sending bearish signals for prolonged periods.
The bear flag has not been lost on the broader crypto trading community, with Ted Pillows drawing comparisons to 2022 price motion.
The similarity between $BTC’s current cycle and the last cycle is really shocking.
If that is true, there will likely be an increase to $100,000 and a subsequent crash below $70,000. pic.twitter.com/ulJ6yu1uHZ
— Ted (@TedPillows) December 11, 2025
Bitcoin bulls are struggling to sustain the recovery momentum
In the short term, others saw slight signs of improvement.
Trader Luca noted that the value was now above the Bitcoin bull market support band on the every day chart.
The support band consists of the 21-period easy moving average (SMA) and the 20-period exponential moving average (EMA) and infrequently serves as a security net during bull market corrections.
“If the value manages to bounce off this support band, the medium-term outlook will turn out to be significantly optimistic again,” Luca told X Followers on Thursday.
According to data from Cointelegraph Markets Pro and TradingView, BTC/USD is currently attempting to shut above the support band for the fourth time. This could be the longest stay for the reason that starting of October.
This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision. While we try to offer accurate and up-to-date information, Cointelegraph doesn’t guarantee the accuracy, completeness or reliability of the knowledge in this text. This article may contain forward-looking statements which can be subject to risks and uncertainties. Cointelegraph is not going to be answerable for any loss or damage arising out of your reliance on this information.
This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision. While we try to offer accurate and up-to-date information, Cointelegraph doesn’t guarantee the accuracy, completeness or reliability of the knowledge in this text. This article may contain forward-looking statements which can be subject to risks and uncertainties. Cointelegraph is not going to be answerable for any loss or damage arising out of your reliance on this information.
