{"id":92140,"date":"2025-12-12T18:15:30","date_gmt":"2025-12-12T15:15:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=92140"},"modified":"2025-12-15T12:36:58","modified_gmt":"2025-12-15T09:36:58","slug":"trader-pegs-76000-as-bitcoin-target","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trader-pegs-76000-as-bitcoin-target\/","title":{"rendered":"Expert Sets $76,000 as Bitcoin&#8217;s Price Target"},"content":{"rendered":"<p>After a pullback to $80,000, the price of the leading cryptocurrency has stalled in an ascending channel that risks turning into a \u201cbear flag\u201d. A trader known as Roman allowed for a decline to $76,000.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> 1D<\/p>\n<p>Let the drop to 76k begin. Bear divs + bear price action proving their worth.<\/p>\n<p>\u201cBut interest rates are dropped!\u201d<\/p>\n<p>Interest rates have been dropping &#038; it doesn\u2019t matter.<\/p>\n<p>Price is going lower. <a href=\"https:\/\/t.co\/RGXSdgvrdE\">https:\/\/t.co\/RGXSdgvrdE<\/a> <a href=\"https:\/\/t.co\/LQxtSP3LPB\">pic.twitter.com\/LQxtSP3LPB<\/a><\/p>\n<p>\u2014 Roman (@Roman_Trading) <a href=\"https:\/\/twitter.com\/Roman_Trading\/status\/1998945731026235844?ref_src=twsrc%5Etfw\">December 11, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cTime to fall to $76,000. Bearish divergences and overall price action confirm the forecast,\u201d he wrote, attaching a chart with price, volumes, <\/em><a href=\"https:\/\/forklog.com\/en\/news\/what-the-rsi-is-for-and-whether-it-suits-cryptocurrencies\"><em>RSI<\/em><\/a><em> and <\/em><em>MACD<\/em><em>.<\/em><\/p>\n<\/blockquote>\n<p>According to the expert, positive macroeconomic factors (including <a href=\"https:\/\/forklog.com\/en\/news\/federal-reserve-cuts-interest-rate-for-third-consecutive-time\">Fed rate cuts<\/a>) and the stock market no longer influence digital assets.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cBitcoin has already risen 750% from the $15,600 low in 2022. The bull rally is over. One should prepare for the next one, after which the price will fall to $50,000,\u201d he added.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>Investor Ted Pillows also pointed to the formation of a \u201cbear flag\u201d, drawing parallels with the 2022 correction.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The resemblance between the <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> current cycle and the last cycle is truly shocking.<\/p>\n<p>If this plays out, a pump to $100,000 and then a dump below $70,000. <a href=\"https:\/\/t.co\/ulJ6yu1uHZ\">pic.twitter.com\/ulJ6yu1uHZ<\/a><\/p>\n<p>\u2014 Ted (@TedPillows) <a href=\"https:\/\/twitter.com\/TedPillows\/status\/1999125506374176926?ref_src=twsrc%5Etfw\">December 11, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe resemblance between the current cycle and the previous one is truly shocking. If the scenario repeats, we will see a rise to $100,000 and then a drop below $70,000,\u201d he wrote.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>Options traders are also betting on a fall in digital gold. According to Glassnode, activity is skewed toward puts even after the Fed meeting.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">The options open interest put\/call ratio has been creeping higher over the past weeks. Even after the FOMC meeting, activity remains skewed toward puts. This morning\u2019s expiry pushed the ratio lower, reflecting hedges that rolled off after the meeting.<a href=\"https:\/\/t.co\/tKdGsd1dZ8\">https:\/\/t.co\/tKdGsd1dZ8<\/a> <a href=\"https:\/\/t.co\/JUULQm5yd3\">pic.twitter.com\/JUULQm5yd3<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1999448180631699546?ref_src=twsrc%5Etfw\">December 12, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe market is stabilizing, but the foundation remains fragile. Price action is constructive, but liquidity is low and flows into <\/em><a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\"><em>ETF<\/em><\/a><em>s are split \u2014 a sure sign of a market that is searching for direction rather than following it,\u201d noted BRN head of research Timothy Misir in a comment to <\/em><a href=\"https:\/\/www.coindesk.com\/daybook-us\/2025\/12\/12\/bitcoin-s-volatility-meltdown-crypto-daybook-americas\"><em>CoinDesk<\/em><\/a><em>.\u00a0\u00a0\u00a0<\/em><\/p>\n<\/blockquote>\n<p>At the time of writing, bitcoin is priced at $92,500, up 3% over the past 24 hours.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"598\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-30bc487f3d45f352-768711808248605-1024x598.png\" alt=\"image\" class=\"wp-image-271667\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-30bc487f3d45f352-768711808248605-1024x598.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-30bc487f3d45f352-768711808248605-300x175.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-30bc487f3d45f352-768711808248605-768x449.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-30bc487f3d45f352-768711808248605-1536x897.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-30bc487f3d45f352-768711808248605.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly BTC\/USDT chart on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Historic divergence on Binance\u00a0<\/h2>\n<p>There are also positive signals \u2014 long-term holders believe the bull trend will continue.\u00a0<\/p>\n<p>A CryptoQuant contributor known as CryptoOnchain pointed to a rare divergence on Binance. Coin outflows hit record levels, while deposits fell to their lowest in years.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Historic Divergence on Binance: Aggressive Bitcoin Accumulation at $91K<\/p>\n<p>\u201cExisting supply is being removed from the order books, and new selling pressure is virtually non-existent. This behavior indicates extreme conviction among investors.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/CryptoOnchain?ref_src=twsrc%5Etfw\">@CryptoOnchain<\/a> <a href=\"https:\/\/t.co\/QPOQzmcfSj\">pic.twitter.com\/QPOQzmcfSj<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1999491581657919561?ref_src=twsrc%5Etfw\">December 12, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The 30-day moving average of deposits on Binance fell to the lowest since 2017 \u2014 around 320 transactions per day.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThis signals a major shift toward self-custody, even though bitcoin is trading near record highs,\u201d the expert commented.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>He said that as long as the leading cryptocurrency remains in the current range, market participants are not interested in selling.\u00a0<\/p>\n<p>The current situation is creating a classic \u201csupply shock\u201d scenario, CryptoOnchain noted.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWhen bitcoin reaches peaks, an inflow of coins to exchanges is expected: long-term investors take profits. Now it is different: liquidity is leaving trading platforms, and new selling pressure is not forming. This anomaly demonstrates unprecedented investor confidence in the continuation of the bull trend,\u201d he concluded.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>Earlier, analysts <a href=\"https:\/\/forklog.com\/en\/news\/experts-dismiss-bitcoins-santa-claus-rally\">ruled out<\/a> a \u201cSanta Claus rally\u201d for the leading cryptocurrency. They say the Fed\u2019s cautious stance will delay new all-time highs until at least the spring.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a pullback to $80,000, bitcoin is stuck in an ascending channel that risks turning into a bear flag.<\/p>\n","protected":false},"author":1,"featured_media":92141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Long-term holders still see the bull trend intact","creation_source":"ai_translated","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1205,1138],"class_list":["post-92140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-cryptoquant","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"371","promo_type":"1","layout_type":"1","short_excerpt":"Long-term holders still see the bull trend intact","is_update":"0","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=92140"}],"version-history":[{"count":3,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92140\/revisions"}],"predecessor-version":[{"id":92199,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92140\/revisions\/92199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/92141"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=92140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=92140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=92140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}