Recently, Bitcoin struggled after reaching $95,000. Interestingly, many analysts are now quite pessimistic.
Analyst Roman straightforwardly stated that he believes BTC will eventually fall to $76,000. His logic is simple—this sideways consolidation is essentially a preparation for a decline. From a higher time frame perspective, there are no signs of a reversal; instead, the overall sentiment is bearish.
Keith Alan, co-founder of Material Indicators, shares a similar view. He believes that the recent breakout attempt has failed, and now the focus should be on the $87,500 to $89,000 range, which is a critical technical support level. More importantly, with the death cross forming on the weekly chart at the end of the month, he considers any upcoming rallies as selling opportunities. This attitude already speaks volumes.
Trader Daan Crypto Trades also shares a similar outlook, as he is not optimistic about holding the monthly lows and leans toward the idea that prices will break below these lows, paving the way for a bottom formation.
Overall, market sentiment is indeed quite weak right now.
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gas_guzzler
· 01-11 16:20
Another all-bearish sentiment, is it really going to drop to 76k this time? Feels like it's always the same call
Why are analysts so unanimous? Shouldn't there be different opinions?
The death cross is back again, how long will this meme last?
95k can't hold, feels like there's still room to fall
These analysts are collectively bearish, but I feel a rebound is just around the corner
Will 87.5k become the new floor? Worth paying attention to
Sideways consolidation = a sign of decline? The logic is a bit far-fetched
The weekly death cross at the end of the month, are we about to start panic selling again?
Feels like the bottom is near, if not now, then when is the best time to buy the dip?
They keep saying it will fall, but keep messing around, retail investors are the most exhausted
View OriginalReply0
BearMarketSunriser
· 01-11 16:11
95,000 is just about to be pulled, this time it's really a bit uncertain.
All the analysts are bearish, but I feel it's actually a contrarian signal.
The death cross is back again, how long can this meme last?
76,000? I don't believe it, the bottom definitely isn't that low.
If the monthly low can't hold, then it's time to buy the dip.
This kind of market sentiment is the easiest to create opportunities; whoever panics will die.
View OriginalReply0
AirdropHunterKing
· 01-10 04:57
Everyone is shouting about a drop, but I want to see who really dares to short to the end.
Losing 95K is not surprising; this is the old trick. Consolidation is just a trap for more buying, with a few big V influencers leading the rhythm.
Is the death cross coming again? Forget it, I won't watch this. History has shown me that this thing is the biggest liar.
Instead of studying technical analysis, it's better to focus on airdrop opportunities. Real money still depends on earning rewards.
This round of correction might be the last chance to buy the dip. Those selling are just trying to make money.
Roman said 76K and it’s 76K? Bro, I've seen too many prediction crashes.
So timid, it feels like it's time to enter the market. The true bottom is in the pessimism.
View OriginalReply0
0xSleepDeprived
· 01-09 21:41
Here we go again, always saying it's going to fall and fall, but what’s the result?
These analysts’ tone is getting annoying, all like a broken record.
A loss of 95k is just a normal correction, is it really necessary to be so pessimistic?
Death cross, support levels... they sound so convincing, but in the end, they get beaten back in the opposite direction.
76k? I can't bet on it, but it feels exaggerated.
Only breaking below the monthly low can establish a bottom, so what about the previous lows?
These people analyze quite professionally, but their predictions always go the opposite way.
View OriginalReply0
TokenomicsTinfoilHat
· 01-08 16:55
It's another group of bears singing the bearish tune. Kneeling at 95k is a bit unreasonable.
Analysts are shouting for a decline every day, so I go against the trend.
I'm tired of hearing about death crosses; they said the same last year.
Let's see if it can break 87,500; that's the real test.
But this time, it really feels less strong.
View OriginalReply0
SilentObserver
· 01-08 16:55
95k just feels disappointing, this time really feels different
Analysts collectively bearish, it seems like a breakthrough is coming
Death cross appears, and everyone was right to sell
Are we going to see 76k again? It feels a bit familiar
This sideways movement is really uncomfortable, can't hold on anymore
The worst part is this unanimous bearish outlook
Can 87.5k still be defended? I’m not too convinced
View OriginalReply0
CryptoDouble-O-Seven
· 01-08 16:53
Another group of bearish voices... As soon as 96k is broken, they start to talk down. I've seen this script too many times.
Death cross? Sell at rebound? Feels like analysts are just betting on their own theories.
75k is just okay, really dropping below that might actually be a buying opportunity. Who's in a rush?
Let's wait and see. It's too early to say anything now. The real test is still ahead.
If it really drops to 76k this time, I need to see if it's just another shakeout pattern.
View OriginalReply0
GasFeeCrybaby
· 01-08 16:49
Still bearish again, I'm tired of hearing this rhetoric
What's wrong with 96k? Anyway, if it drops back to 76k, someone will be buying at the bottom
Will the death cross work this time? Didn't they say the same last time?
There are still so many BTC in the wallet, why does someone always worry for me
If it really drops, just drop. Anyway, I've already gone all-in
Is this guy going to dump again? I'll just see who has the most coins in their hands
View OriginalReply0
SigmaBrain
· 01-08 16:46
$95,000 is just a scare, lol. These analysts are starting to bearish again.
$76,000? That's pretty harsh. We've all fallen so much, can we still bottom out? I doubt it.
As soon as the death cross appears, it's all sell, sell, sell. Are these technical signals real or fake?
Consolidation is just a prelude to decline. I've heard this explanation too many times; next time it might actually turn out differently.
I do believe the market is somewhat weak, but the bottom card hasn't been played yet.
View OriginalReply0
AirdropAutomaton
· 01-08 16:35
If this wave really drops to 76,000, I’ll believe it. Now these analysts are all so aggressive in calling a bear market.
Death crosses and breaking support levels—sounds like everyone’s about to get liquidated. How come they never miss?
Is sideways consolidation always a prelude to decline? It could also be just absorbing supply. Some big V influencers really dare to speak.
Wait, why does no one mention the 99,000 resistance in this logic?
Failure to break through—people say that every time. Why haven’t they been proven wrong yet?
Bottoming out after breaking lows—sounds nice, but it’s just trying to catch the bottom.
How did Roman’s previous predictions turn out? If they were that accurate, he’d be rich by now.
Does the market only truly weaken when it breaks support lines? It feels like everyone is still pretty calm now.
Anyway, I’ve been hearing this tune for three years. Whatever, if you lose, you lose; if you make money, you make money.
Recently, Bitcoin struggled after reaching $95,000. Interestingly, many analysts are now quite pessimistic.
Analyst Roman straightforwardly stated that he believes BTC will eventually fall to $76,000. His logic is simple—this sideways consolidation is essentially a preparation for a decline. From a higher time frame perspective, there are no signs of a reversal; instead, the overall sentiment is bearish.
Keith Alan, co-founder of Material Indicators, shares a similar view. He believes that the recent breakout attempt has failed, and now the focus should be on the $87,500 to $89,000 range, which is a critical technical support level. More importantly, with the death cross forming on the weekly chart at the end of the month, he considers any upcoming rallies as selling opportunities. This attitude already speaks volumes.
Trader Daan Crypto Trades also shares a similar outlook, as he is not optimistic about holding the monthly lows and leans toward the idea that prices will break below these lows, paving the way for a bottom formation.
Overall, market sentiment is indeed quite weak right now.