Bitcoin new year bear flag sparks $76K BTC price target next

cointelegraphPublished on 2025-12-12Last updated on 2025-12-12

Abstract

Bitcoin (BTC) is showing a bear flag pattern on the daily chart, with traders setting new price targets of $76,000 and $50,000 as part of a major correction. One analyst, Roman, argues the bull run is over, citing bearish divergences in RSI and MACD indicators, and expects a further 17% drop. Despite a short-term relief bounce above Bitcoin’s bull market support band, the overall sentiment remains cautious. Comparisons are drawn to the 2022 cycle, suggesting a potential pump to $100,000 followed by a decline below $70,000. Macroeconomic factors have so far failed to boost crypto markets, reinforcing the bearish outlook.

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.


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.


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DIGITAL GOLD ($BITCOIN): A Comprehensive Analysis Introduction to DIGITAL GOLD ($BITCOIN) DIGITAL GOLD ($BITCOIN) is a blockchain-based project operating on the Solana network, which aims to combine the characteristics of traditional precious metals with the innovation of decentralized technologies. While it shares a name with Bitcoin, often referred to as “digital gold” due to its perception as a store of value, DIGITAL GOLD is a separate token designed to create a unique ecosystem within the Web3 landscape. Its goal is to position itself as a viable alternative digital asset, although specifics regarding its applications and functionalities are still developing. What is DIGITAL GOLD ($BITCOIN)? DIGITAL GOLD ($BITCOIN) is a cryptocurrency token explicitly designed for use on the Solana blockchain. In contrast to Bitcoin, which provides a widely recognized value storage role, this token appears to focus on broader applications and characteristics. Notable aspects include: Blockchain Infrastructure: The token is built on the Solana blockchain, known for its capacity to handle high-speed and low-cost transactions. Supply Dynamics: DIGITAL GOLD has a maximum supply capped at 100 quadrillion tokens (100P $BITCOIN), although details regarding its circulating supply are currently undisclosed. Utility: While precise functionalities are not explicitly outlined, there are indications that the token could be utilized for various applications, potentially involving decentralized applications (dApps) or asset tokenization strategies. Who is the Creator of DIGITAL GOLD ($BITCOIN)? At present, the identity of the creators and development team behind DIGITAL GOLD ($BITCOIN) remains unknown. This situation is typical among many innovative projects within the blockchain space, particularly those aligning with decentralized finance and meme coin phenomena. While such anonymity may foster a community-driven culture, it intensifies concerns about governance and accountability. Who are the Investors of DIGITAL GOLD ($BITCOIN)? The available information indicates that DIGITAL GOLD ($BITCOIN) does not have any known institutional backers or prominent venture capital investments. The project seems to operate on a peer-to-peer model focused on community support and adoption rather than traditional funding routes. Its activity and liquidity are primarily situated on decentralized exchanges (DEXs), such as PumpSwap, rather than established centralized trading platforms, further highlighting its grassroots approach. 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Timeline of Key Events Here is a timeline that highlights significant milestones concerning DIGITAL GOLD ($BITCOIN): 2023: The initial deployment of the token occurs on the Solana blockchain, marked by its contract address. 2024: DIGITAL GOLD gains visibility as it becomes available for trading on decentralized exchanges like PumpSwap, allowing users to trade it against SOL. 2025: The project witnesses sporadic trading activity and potential interest in community-led engagements, although no noteworthy partnerships or technical advancements have been documented as of yet. Critical Analysis Strengths Scalability: The underlying Solana infrastructure supports high transaction volumes, which could enhance the utility of $BITCOIN in various transaction scenarios. Accessibility: The potential low trading price per token could attract retail investors, facilitating wider participation due to fractional ownership opportunities. 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