Bitcoin Bulls Face Reality Check: Top Analyst Charts The Next Critical Moves
The champagne's gone flat. Bitcoin's latest bull run has slammed into a wall of resistance, leaving traders scrambling for the next playbook.
Reading The Tape
Market sentiment flipped from euphoric to cautious overnight. The parabolic moves that defined recent weeks have given way to consolidation—a classic sign the party's winding down. Analysts are now parsing on-chain data and derivatives flows, hunting for the signal in the noise.
The Path Forward
So what's next? The consensus points toward a period of range-bound trading. Key support levels are being tested, while overhead resistance looks formidable. It's a classic digestion phase after a big meal of gains—necessary, but uncomfortable for those still riding the hype.
Strategic Pivot
Smart money isn't panicking; it's repositioning. The focus shifts from momentum chasing to risk management. Setting stop-losses, scaling into positions, and identifying the next catalyst become the priority. It's less about moonshots and more about securing the bag you already have—a concept sometimes lost in a market that mistakes leverage for genius.
This isn't a death knell for the bull thesis. It's a reminder that markets breathe in and out. The next major move hinges on whether Bitcoin can hold its ground here or needs to retreat to gather strength. One analyst's 'party's over' is another's invitation to a more strategic, and potentially more profitable, gathering.
Rejection At The Range Top
Technical analysis of Bitcoin’s price action on the daily candlestick timeframe chart shows that the leading cryptocurrency has been trading in an ascending channel with a series of higher lows and higher highs since November 2025. An ascending channel is generally bullish, since it suggests buyers are increasingly gaining control.
However, the outlook laid out by Guru projects Bitcoin’s price action resolving into a bearish downturn. Notably, Bitcoin’s price action recently pushed into the upper boundary of the range and was firmly rejected. This rejection is the focal point of his analysis. Instead of a breakout or a clean continuation higher, Bitcoin failed to sustain momentum at resistance, which is a sign that sellers are stepping in.
In Guru’s view, this behavior is inconsistent with accumulation. He describes the structure as a rising range forming after a completed expansion. The rejection at the upper boundary means supply is overwhelming demand, even though the price is trending slightly higher within the range.
Based on this, the analyst warned that the “party is over” for bulls as a final warning for traders before a projected downturn. “Last call to SELL before the REAL crash hits below 80K. Bulls won’t get another warning,” he said.
Price Target And The Bearish Roadmap
Guru’s analysis is very specific when it comes to where he believes Bitcoin is headed if the range continues to hold as resistance. In terms of a price target, the analyst projected a MOVE that sees BTC falling below $80,000 and even extending the crash below $76,000.
As it stands, Bitcoin is trading at $92,930, having retraced by 2.1% in the past 24 hours. What has added validity to Guru’s prediction is the comparison between his previous analysis in December 2025 and the current price action. A month ago, he shared the same rising channel and outlined a path that he expected the price of Bitcoin to follow within the channel.
Bitcoin respected the channel throughout December, bounced within its boundaries, and then rejected almost precisely where the projection suggested. The subsequent decline is unfolding along the same path he outlined. This alignment has led Guru to double down on his bearish outlook.
The analyst also challenged the narrative of BTC as a dependable store of value in what he describes as a “chaos economy” in 2026.
