Bitcoin (BTC) might be gearing up for additional losses, as a crypto analyst has issued a severely foreboding forecast. In accordance with his evaluation, Bitcoin’s present construction reveals a predominantly bearish development, with value anticipated to achieve a backside beneath $30,000 earlier than any potential reversal to the upside.
Bitcoin Repeats 2022 Type Bear Market
Crypto market analyst Jussy has printed a brand new Bitcoin chart evaluation on X, warning that the market might not have reached its closing backside but. The chart compares the present weekly construction to Bitcoin’s 2022 cycle, displaying practically equivalent value behaviour following a double high formation and a bear flag that led to a serious breakdown.
In 2022, Bitcoin first printed a double high close to the higher resistance zone above $60,000. It was then rejected from the rounded high construction, reversing right into a sustained draw back development. After this, the value skilled a pointy breakdown, adopted by a three-week consolidation section that developed into a bear flag sample.
That consolidation acted as a quick pause earlier than a bearish continuation, with BTC in the end collapsing by one other 38.96% from the bear flag vary. Consequently, the ultimate leg down erased roughly $11,095, carrying the value right into a long-term help zone the place the market lastly hit a backside and commenced to stabilize forward of a restoration.
Apparently, Jussy argues that the present Bitcoin cycle is now reproducing the identical bear market construction seen in 2022 nearly completely. The precise facet of the chart reveals that BTC fashioned an analogous double-top sample above the $120,000 area in 2025, solely to roll over and break down sharply. This correction pushed the value beneath the important thing horizontal stage close to $74,321, which beforehand acted as help.
Following this drop, Bitcoin entered a consolidation section that carefully resembled the 2022 bear flag. The construction slopes downward, reflecting a serious value compression following the primary giant wick to the draw back. In accordance with Jussy, Bitcoin is now within the third week of this consolidation window, the identical time limit the place the 2022 market transitioned into its closing value crash.
The Backside Goal
Utilizing the identical proportion decline from the 2022 breakdown, Jussy has predicted how low the Bitcoin value might fall earlier than it makes an attempt a notable restoration. His chart means that BTC has already begun its descent from the bear flag sample, initially crashing beneath the $100,000 area and now buying and selling close to $65,000.
Now, the analyst tasks one other corrective transfer of roughly 38% from the previous help stage round $74,320, doubtlessly driving Bitcoin’s value all the way down to roughly $46,199. The blue line beneath this zone within the value chart represents Bitcoin’s closing draw back goal. Jussy predicts a good deeper decline to $28,301, marking BTC’s value backside earlier than any significant restoration takes maintain.
Featured picture created with Dall.E, chart from Tradingview.com
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