Bitcoin ’rallies are for selling‘: Top 3 arguments from BTC market bears
Summary
Despite Bitcoin climbing from recent lows toward $93,000, several analysts maintain that current price movements are bull traps signaling a bear market continuation, not a renewed bull run. The top three bearish arguments include the formation of a "bear flag" technical pattern, which suggests a potential 16% dip toward $77,100. Secondly, one analyst suggests that Bitcoin's current structure closely mirrors the 2021 cycle's double-top formation, which could lead to a crash revisiting the $40,000 region in early 2026 if the fractal repeats. Finally, Google Trends data shows searches for "Bitcoin bear market" hitting record highs, a pattern historically preceding significant price selloffs, suggesting a rally toward $97,000 could be the final trap before a major correction.
(Source:Cointelegraph)