watch
Bitcoin Technicals Signal Delayed Rally to 2026
According to crypto analyst Dr. Cat (@DoctorCatX), Bitcoin's long-term bullish trend remains intact, but the market's current cycle peaks and technical indicators suggest a delay in the next significant breakout. The analyst indicates that the recent weekly chart high is likely to be followed by a consolidation phase, postponing any major upward movements until at least mid-July or early 2026. The immediate short-term target for a breakout is projected around mid-June if Bitcoin surpasses $99,881, with potential to reach $270,000. Conversely, breaking below $93,200 could imply a delayed breakout, pushing expectations towards late 2025 or early 2026. Additionally, altcoins appear unlikely to rally strongly until late summer at the earliest, as various bearish technical signals need time to resolve. Overall, Bitcoin's path forward depends heavily on maintaining key support levels and successfully navigating upcoming technical thresholds.
Source available for registered users Sign Up Free
AI Analysis
The analysis hinges on Ichimoku indicator signals and the status of Bitcoin's weekly technical chart patterns. The analyst notes that the recent cycle high indicates the current rally may be exhausted...
AI Recommendation
Investors should adopt a cautious stance and wait for clear technical confirmation before entering new positions in Bitcoin. Key support levels around $93,200 must be defended for the bullish scenario...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
don't buy
don't buy
risky