The Bitcoin price could be in for more pain as a crypto analyst has just released a gloomy short-term outlook, warning that another crash may be on the way. The analyst believes that Bitcoin’s overall market structure remains bearish. As a result, he expects the price to fall to about $76,000, representing a 20% decline from current levels. 

Bitcoin Price At Risk Of 20% Crash

Crypto market analyst Roman has issued a warning that Bitcoin could be heading for another sharp decline, with his primary target set near $76,000. In his post on X, he emphasized that the current market structure shows no evidence of a sustainable price bottom and that downside risk remains dominant. 

Roman explained that his bearish outlook is based on the daily timeframe, where Bitcoin has struggled to regain strong bullish momentum after a significant correction. He also noted that the price is still trading within a broader bearish trend, suggesting the market may simply be taking a pause before the next move lower. 

The accompanying chart shows BTC trading above $90,000 while still well below the previous resistance area near $96,000. Each attempt to push higher has been rejected, suggesting sellers remain firmly in control of the market.  

Notably, Roman’s chart has revealed that the expected move lower could start with a drop back to the mid $80,000s, followed by a deeper slide between $78,500 and $75,000. The hand-drawn projection on the chart also illustrates a sharp fall after a brief relief rally, suggesting that BTC’s decline could speed up once support breaks. 

Volume behavior also plays a key role in Roman’s bearish outlook. The chart shows noticeably weak trading volume during Bitcoin’s recent rebound, which the analyst previously said is typical of holiday-driven pumps. 

Additional Signals That Support Analyst’s Bearish Forecast

Roman’s $76,000 Bitcoin crash forecast is a follow-up to previous posts in which he explained several reasons why the leading cryptocurrency is in a bear market and could correct again soon. He referenced historical indicator behavior to justify his latest prediction. 

The analyst explained that Bitcoin’s Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) were extremely oversold after its price dropped roughly 40% from its all-time high. As a result, the current consolidation has given these indicators a chance to reset. 

Roman sees the lack of strong buying pressure during this reset as a warning sign. He stressed that a true bullish reversal would need rising volume and clear higher highs, which are not showing on the daily chart. The analyst also noted that Bitcoin’s longer-term trend remains bearish, with the market continuing to form lower highs within a declining range. He has concluded that until clear reversal signals appear, traders should treat any upside moves as corrective, not the start of a fresh bull run.