Bitcoin’s price has entered bearish territory following a drop below a significant support level that had sustained its rally for several months. Currently trading at $78,560, Bitcoin dipped as low as $77,082 in the past day. According to crypto analyst XForceGlobal, this shift marks a vital change in the coin’s technical outlook. His Elliott Wave analysis indicates that the recent price action has undermined the bullish narrative many traders depended on, making lower price levels increasingly probable in the near future. XForceGlobal noted that Bitcoin was navigating a complex sideways pattern, anticipated to culminate in a distribution phase rather than a straightforward breakdown. The failure to uphold the support at the previous low of $82,000 in November 2025 signaled a structural shift after Bitcoin recently slipped below the $80,000 mark. As of now, Bitcoin is trading at approximately $78,940. With this breakdown, the previous wave count can no longer stand. This indicates that the price movements from the all-time high should now be viewed as corrective rather than part of a healthy price progression, allowing for a broader development of the current decline. XForceGlobal highlights two potential scenarios for Bitcoin’s price trajectory, both converging on similar downside targets. One scenario involves a flat correction that prompts Bitcoin to plunge towards $60,000, while the second scenario suggests a bearish macro ending diagonal, indicating the same target range. With the overarching structure now compromised, XForceGlobal recommends a cautious approach, anticipating a drop to at least $60,000 before a potential rebound above $100,000.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin’s price has entered bearish territory following a drop below a significant support level that had sustained its rally for several months. Currently trading at $78,560, Bitcoin dipped as low as $77,082 in the past day. According to crypto analyst XForceGlobal, this shift marks a vital change in the coin’s technical outlook. His Elliott Wave […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78],"tags":[],"class_list":["post-5795","post","type-post","status-publish","format-standard","hentry","category-news-1"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"ms","enabled_languages":["en","de","ja","vi","ms"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"ja":{"title":false,"content":false,"excerpt":false},"vi":{"title":false,"content":false,"excerpt":false},"ms":{"title":false,"content":false,"excerpt":false}}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"MUHAMMAD ISMAIL","author_link":"https:\/\/globalcryptoguru.com\/ms\/author\/ai-news-automation\/"},"rttpg_comment":0,"rttpg_category":"News 1<\/a>","rttpg_excerpt":"Bitcoin’s price has entered bearish territory following a drop below a significant support level that had sustained its rally for several months. Currently trading at $78,560, Bitcoin dipped as low as $77,082 in the past day. According to crypto analyst XForceGlobal, this shift marks a vital change in the coin’s technical outlook. His Elliott Wave…","_links":{"self":[{"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/posts\/5795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/comments?post=5795"}],"version-history":[{"count":0,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/posts\/5795\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/media?parent=5795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/categories?post=5795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/tags?post=5795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}