Bitcoin Bear Flag Warning: Is a $76K Correction Coming?

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Bitcoin price targets included $76,000 and $50,000, thanks to growing bearish BTC price divergences and a lack of upward price momentum.

Bitcoin has a new $76,000 target as the daily chart continues to print a bear flag pattern.

Bitcoin gets new $76,000 and $50,000 price targets for the next phase of its major correction.

The bull market is “over,” one 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 on 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.


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