Dec 21, 2025
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Analyst Predicts Bitcoin Price Reaching $70K Amid Bearish Trends
The Bitcoin price is expected to close the year negatively, marking one of its poorest Q4 outcomes recently. However, 2026 may bring relief as a deeper correction is anticipated.
Potential BTC Price Movement in 2026 Q1
- Quant trader CryptoOnchain suggests Bitcoin's price outlook leans bearish due to ongoing selling pressure.
- Bitcoin currently hovers around a key Point of Control (POC) level, crucial for support or resistance.
- If unable to recover previous highs, Bitcoin might drop below its POC towards $70,000 - $73,000, the last cycle’s peak and a critical “support flip” zone.
- The diverging Relative Strength Index (RSI) supports a potential fall to this support range.
- Holding the $70,000 - $73,000 range is vital to prevent further decline and maintain long-term bullish trends.
Currently, Bitcoin trades at approximately $88,330, showing no significant change over the past day.
