Why The Bitcoin Price Could Crash Another 20% To $76,000 Soon – Crypto News – Crypto News
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Why The Bitcoin Price Could Crash Another 20% To $76,000 Soon – Crypto News

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The Bitcoin price could be in for more pain as a crypto analyst has just released a gloomy short-term outlook, warning that another crash may be on the way. The analyst believes that Bitcoin’s overall market structure remains bearish. As a result, he expects the price to fall to about $76,000, representing a 20% decline from current levels. 

Bitcoin Price At Risk Of 20% Crash

Crypto market analyst Roman has issued a warning that Bitcoin could be heading for another sharp decline, with his primary target set near $76,000. In his post on X, he emphasized that the current market structure shows no evidence of a sustainable price bottom and that downside risk remains dominant. 

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Roman explained that his bearish outlook is based on the daily timeframe, where Bitcoin has struggled to regain strong bullish momentum after a significant correction. He also noted that the price is still trading within a broader bearish trend, suggesting the market may simply be taking a pause before the next move lower. 

Source: Chart from Roman on X

The accompanying chart shows BTC trading above $90,000 while still well below the previous resistance area near $96,000. Each attempt to push higher has been rejected, suggesting sellers remain firmly in control of the market.  

Notably, Roman’s chart has revealed that the expected move lower could start with a drop back to the mid $80,000s, followed by a deeper slide between $78,500 and $75,000. The hand-drawn projection on the chart also illustrates a sharp fall after a brief relief rally, suggesting that BTC’s decline could speed up once support breaks. 

Volume behavior also plays a key role in Roman’s bearish outlook. The chart shows noticeably weak trading volume during Bitcoin’s recent rebound, which the analyst previously said is typical of holiday-driven pumps. 

Additional Signals That Support Analyst’s Bearish Forecast

Roman’s $76,000 Bitcoin crash forecast is a follow-up to previous posts in which he explained several reasons why the leading cryptocurrency is in a bear market and could correct again soon. He referenced historical indicator behavior to justify his latest prediction. 

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The analyst explained that Bitcoin’s Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) were extremely oversold after its price dropped roughly 40% from its all-time high. As a result, the current consolidation has given these indicators a chance to reset. 

Roman sees the lack of strong buying pressure during this reset as a warning sign. He stressed that a true bullish reversal would need rising volume and clear higher highs, which are not showing on the daily chart. The analyst also noted that Bitcoin’s longer-term trend remains bearish, with the market continuing to form lower highs within a declining range. He has concluded that until clear reversal signals appear, traders should treat any upside moves as corrective, not the start of a fresh bull run.

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BTC trading at $90,345 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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