
Jakarta, Pintu News – Recent research suggests that Bitcoin will most likely not reach a new high price in 2026. Analysis conducted using long-term trading tools shows that sell signals still dominate, despite positive indications on the daily chart. This is causing anxiety among investors who were hoping for a price recovery.
From a short-term point of view, Bitcoin (BTC) showed some positive signals such as the formation of a golden cross on the daily chart. However, this is not enough to change the negative trend seen in the long-term indicators. Analysis by Keith Alan, co-founder of Material Indicators, shows that despite attempts by buyers to maintain support at $92,000, selling pressure is still very strong.
In the long term, bearish dominance is evident with many sell signals appearing on trading tools. This suggests that Bitcoin (BTC) may not reach a new high before 2027. This creates uncertainty in the market and affects the investment strategies of market participants.
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Keith Alan predicts that Bitcoin (BTC) will retest the 2026 annual opening price of $87,500. According to him, it is not a question of if it will happen, but when. The proprietary trading tool used by Material Indicators shows that there is a struggle between buyers and sellers, but it is likely that the price will return to that level.
This price battle reflects the instability of the current market, where investors and traders are trying to navigate through high volatility. Strong support and resistance at certain price levels are key in determining the next direction of the market.
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Not only Bitcoin (BTC), Ethereum is also at a critical inflection point. Both cryptocurrencies are facing similar challenges where long-term indicators point to the potential for more downside. To see a significant change in trend, the weekly relative strength index (RSI) value must be above 41/100, and the weekly close must be above the 50-week moving average of $101,500.
This suggests that the cryptocurrency market is currently heavily influenced by bearish sentiment, and investors need to be cautious in making investment decisions. Constant monitoring of technical and fundamental indicators is crucial in these volatile market conditions.
While there are some positive signals in the short term, the bearish long-term outlook makes the chances of Bitcoin (BTC) reaching a new record high price in 2026 very slim. Investors and traders should prepare their strategies with these challenging market conditions in mind.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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