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Short-term (within 2026): Volatile trading, significant bullish and bearish divergence
Currently, BTC price is fluctuating around $68,000, with main bullish and bearish disagreements reflected in:
Bearish correction view:
Technical and sentiment indicators show that Bitcoin is in the late stage of a bear market. The 720-day tactical bull-bear sentiment index has fallen into an extremely pessimistic zone. Historically, when this signal appeared, it was followed by a sharp decline, and in the next six months, the price could drop to $50,000-$55,000, with a maximum decline of about 20%. If the support level of $67,000 is broken, it could further decline toward the $60,000 mark. If the four-year cycle continues, 2026 may also enter a year-long bear market correction, with the price range between $40,000-$70,000.#Gate广场四月发帖挑战