Bitcoin has formed a bear flag pattern – target dropping to $76,000?

BTC is struggling to recover from the $80,000 range and may have formed a bear flag on the daily chart.

Trader Roman stated that bearish divergence signals are strengthening — the next drop could pull the price down to $76,000, even $50,000 in the later stages.

Meanwhile, some traders remain optimistic: BTC is currently holding above the bull market support band (20EMA/21SMA).

If it bounces back from here, the medium-term trend may return to bullish.

📉 Bearish scenario: "The bull run has ended — prepare for the next cycle around ~$50K."

📈 Bullish scenario: BTC may soon have a fourth consecutive day closing above the support band.