The recent fluctuations in Bitcoin’s market value have captured attention, oscillating from a promising climb to a sudden retreat. Following a forced descent after a brief struggle above $97,000, Bitcoin now finds itself grappling with a notable downturn, manifesting as a series of bearish candles on daily charts.

Insights from a notable crypto analyst, known on social platforms as Guru, have fueled discussions. He proposes that many investors misinterpreted the market’s stagnant phase as consolidation, while he suggests it actually represents a late-stage distribution phase for Bitcoin.

Fluctuations at Market Peaks

Recent technical analyses of Bitcoin’s price movements reveal that since November 2025, the cryptocurrency has illustrated a pattern of increasing values via an ascending channel. Normally, this indicates a bullish sentiment, with buyers gaining supremacy over sellers.

However, Guru argues that the recent price push to the channel’s upper limit ended in a formidable rejection. This retreat has become central to his argument. Instead of breaking through to new highs, Bitcoin’s inability to maintain its momentum indicates that sellers are now gaining traction against the buyers.

From Guru’s perspective, this rejection signals a departure from accumulating sentiment, framing it instead as a rising range indicative of completed expansion patterns. The notable rejection at the peak emphatically suggests that supply is overpowering demand, despite a slight upward trend observed within the range.

Guru firmly warned that the “party is over” for bullish traders, signaling a crucial moment for them as a downturn may approach. He cautioned, “Final call to SELL before the REAL crash hits below $80K. Traders should prepare for the inevitable.”

Market Projections and Bearish Trends

Guru’s forecast outlines specific expectations for Bitcoin’s trajectory, anticipating a decline should the upper resistance continue to hold. His price targets suggest a downturn below $80,000, with further potential drops extending towards $76,000.

Currently, Bitcoin trades around $92,930, reflecting a 2.1% decrease in the last 24 hours. The validity of Guru’s predictions is underscored by comparisons with his December analysis, where he previously outlined similar rising trend patterns for Bitcoin’s value.

Throughout December, Bitcoin adhered closely to the established channel, behaving as predicted. The latest price decline appears to be following the roadmap he had previously sketched, reinforcing his pessimistic outlook.

Moreover, the analyst has challenged the conventional belief of Bitcoin as a reliable financial asset in what he describes as a tumultuous economic landscape in 2026.