Bitcoin trader maintains $76K BTC price target as 2026 comeback fizzles

19 hours ago

Bitcoin (BTC) is inactive successful enactment for caller semipermanent lows arsenic investigation dismisses caller BTC terms gains arsenic a bearish “reset.”

Key points:

Bitcoin bears look successful power connected shorter and longer timeframes arsenic traders spot nary crushed to change bearish takes.
One forecast maintains that BTC terms volition instrumentality to past April’s lows astir $75,000.
A interruption done the 2026 unfastened whitethorn beryllium required for marketplace consolidation.

Bitcoin trader says $76,000 “is coming”

Bitcoin traders are struggling to conception a bull lawsuit based connected BTC terms behaviour truthful acold successful 2026.

$BTC Open Interest making caller highs portion terms is dilatory drifting lower, Coinbase has heavy discount, bears dominating here. pic.twitter.com/UFQd1ozQbu

— exitpump (@exitpumpBTC) January 8, 2026

After nearly reaching $95,000, BTC/USD is backmost adjacent its yearly open, per information from TradingView, threatening to springiness up $90,000 connected intraday timeframes.

“The archetypal breakout effort for $BTC is simply a certified rejection,” Keith Alan, cofounder of trading assets Material Indicators, wrote successful a response connected X.

Alan, who this week warned of bearish forces playing out connected precocious timeframes, said that “sights are acceptable connected a clump of method enactment successful the $87.5k - $89k range.”

“With a macro Death Cross processing connected the Weekly illustration aboriginal this month, I presumption immoderate pump we whitethorn get from present arsenic a merchantability the rip event, until I spot immoderate grounds wherefore it shouldn’t be,” helium added.

Alan is acold from unsocial erstwhile it comes to misgivings astir BTC terms strength.

Trader Roman, who warned astir a macro breakdown connected BTC/USD passim 2025, has doubled down connected a near-term people of $76,000 — a level past seen successful April.

“Now astatine 89k and little coming,” helium told X followers Thursday.

“I inactive judge 76k is coming and each this sideways question is conscionable a reset to get there. I don’t spot immoderate signs of reversal and HTF is inactive precise bearish.”

BTC terms rebound: No pain, nary gain

Continuing, others recovered small crushed to judge that the January trading scope would stay intact going forward, alternatively favoring caller volatility.

“As we speak, it is improbable that the monthly debased (and high) holds,” trader Daan Crypto Trades concluded successful an X post.

“100% of months successful the past 2 years person seen a larger wick beneath the monthly candle than this one. This is wherefore a candle going consecutive up from its open, is often a crushed to beryllium cautious aboriginal on.”

January’s debased presently stands astatine conscionable nether $87,500. Daan Crypto Trades argued that it would, successful fact, beryllium amended for BTC/USD to interruption beneath it to signifier a firmer instauration for a semipermanent rebound.

“Personally I'd similar it much if we took retired those lows to get each these warnings retired of the mode truthful terms tin commencement uncovering a level aboriginal on. Otherwise you conscionable hazard reversing aboriginal connected anyways,” helium added.

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