Bitcoin (BTC) has been wandering above ninety thousand, as if a patient in a provincial hospital who won’t admit the illness, while the podiums of power-Trump and Powell-trade barbs and the world stirs with uneasy hands.
Geopolitics, dear reader, and a thousand whispers in the market’s corridors: the price stays high, but something fragile giggles behind the curtain-the triple bearish omen that may coax BTC down to around 70,000.
Three Bearish Patterns
The analyst known to the town as Doctor Profit speaks in the hush of late evenings: BTC may fall toward the 70,000 level, though it may first indulge in a brief dalliance to higher ground. He notes three bearish structures walking the higher timeframes, increasing the chance of a deeper correction-like a boy who loses his temper at the theatre and then convinces himself he enjoyed the play.
The first sign is a large bearish divergence, visible on both weekly and monthly charts, a stubborn rift between momentum and price that suggests the joy is mostly a memory. The second is a bearish flag, a banner hanging from a pole that points straight at the 70,000 region. The third remains a head-and-shoulders in play, a familiar silhouette that could finish its motions before a broader sell-off.
Doctor Profit concedes a move higher cannot be ruled out in the near term, and he notes a heap of liquidity between 97,000 and 107,000-an oasis where prices may pause to catch their breath. Yet such a rally would scarcely alter the overarching bearish architecture. There are two plausible routes to 70,000: a direct breakdown from the bearish flag, or the completion of the head-and-shoulders before the decline resumes. Timing remains a theatrical mystery, but the destination remains the same.
He also flags “massive amounts” of insider selling, ongoing since August 2025. The scale, he says, is the largest he has witnessed in his watching, and it continues without a break in recent weeks. Such selling hints at strain beneath the market’s surface, a strain that fits with the tremors in the financial system.
The banking sector’s stress and forced liquidations connected with silver-market moves add to a fragile macro backdrop. When one compares the present to moments that preceded major downturns, the analyst says risks are mounting across many asset classes.
Looking ahead, events such as US CPI data and the January 15 vote on the CLARITY Act could affect short-term price action, but these developments are unlikely to alter BTC’s broader bearish path-like a rainstorm that barely changes the horizon.
Institutional Forecasts Diverge
Not every observer shares the doom. For instance, VanEck recently posited BTC could reach nearly $2.9 million by 2050 under a base-case scenario. The forecast imagines the crypto asset becoming a non-sovereign monetary instrument, snagging 5-10% of global trade settlements and about 2.5% of central-bank reserves.
Under such conditions, the asset manager estimates a compound annual growth rate of roughly 15% from 2026 to 2050.
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2026-01-12 13:35