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Crypto PM
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Bearish
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it' s not shitcoin bro. it's
$BTC
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$IP Short Signal Alert 🔥 Short (5x-10x) Entry: $1.556 - $1.580 Reason: Chart looks bearish for it. Worth a short for short-mid term quick profits too. It already broke down the Inverse cup and handle pattern, looking bearish. Targets: $1.520, $1.480, $1.440, $1.400 Stop-loss: $1.600 #IP
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I'm done with this skemy market. see you guys after 2041. 😂
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$BTC current price action appears weak, hovering around $88,000 after a series of pullbacks from its 2025 highs near $126,000, but Bitwise Investments maintains a bullish outlook, forecasting new all-time highs in 2026 driven by institutional adoption and favorable macro conditions. The firm's analysis highlights Bitcoin's resilience amid volatility, noting that despite recent corrections tied to U.S. tariff policies and inflation data, on-chain metrics like increasing long-term holder accumulation and ETF inflows signal underlying strength. This perspective aligns with historical cycles where December consolidations often precede significant year-over rallies, positioning BTC for a potential surge above $150,000 by mid-2026. ✏ Technical Weakness: Bitcoin has been trading in a descending wedge pattern since late November, testing support at $85,000 multiple times amid liquidations and risk-off sentiment, with the RSI dipping into oversold territory around 40. The 50-day moving average at $93,500 acts as overhead resistance, and failure to break above $90,000 could extend the weakness toward $80,000 in the short term. However, narrowing volatility bands suggest the downside is limited, as whale addresses continue to stack sats, reducing available supply on exchanges. ✏ Bitwise's Bullish Case: Bitwise emphasizes structural tailwinds like the Trump administration's pro-crypto stance, which could accelerate regulatory clarity and sovereign adoption, alongside expected Fed rate cuts that favor high-beta assets like Bitcoin. Their 2026 projection draws from models incorporating halving effects and ETF growth, estimating a base case of $180,000–$200,000, with upside to $300,000 if global liquidity expands. This optimism counters bearish narratives, viewing the current coil as accumulation rather than capitulation, similar to setups before the 2021 bull run. ✏ Investor Outlook: While short-term fear dominates with the Fear & Greed Index at 32, history favors buyers during such phases, with average post-December gains exceeding 100% in subsequent years.
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