Bitcoin Signals 130% Rally Amid Conflicting $30K-$500K Forecasts
A technical indicator that preceded Bitcoin's 130% rally in 2024 has flashed again, sparking debate among analysts about the cryptocurrency's immediate trajectory. The reappearance of this 'bottom fractal' has led some commentators to project massive gains, with one analyst even suggesting a potential surge to $500,000 based on a reemerging moving average ribbon pattern. This bullish sentiment is bolstered by Bitcoin's recent price action, including a 6% surge—its second-best single session in ten months—driven by factors such as ETF inflows and positive macroeconomic shifts. Despite the optimistic signals, a chorus of caution urges investors to temper their expectations. Multiple sources highlight significant headwinds, including weaker market liquidity, fluctuating ETF flows, and persistent inflation, which could prevent a repeat of the previous year's dramatic gains. Analysts from The Market Periodical and Bitbo warn that treating the current $68,000 support level as an absolute bottom might be a 'trap,' with the potential for a significant correction still on the table. Finance Magnates notes that despite the strong rally, a forecast for a -30% drop remains a possibility. Looking further ahead, fractal analysis points to a potential major bottom forming in 2026. Flow analysis cited by Ainvest projects a cycle peak drawdown of 70-75%, which would place a potential bottom zone between $30,000 and $45,000, with a more specific target range of $31,000 to $31,500. For the current move to be sustained, traders are closely watching the crucial resistance hurdle around $70,000 to $75,000. The immediate future appears to hinge on whether Bitcoin can break through this level, with liquidation clusters near $80,000 representing the next significant target if bullish momentum continues.
Prefer swipe-first reading?
Install the app to keep reading with faster loads and a smoother mobile experience.
Sources
Bitcoin bottom fractal calls for 130% rally, but is the model valid in 2026? — TradingView News
A Bitcoin (BTC) bottom signal that appeared in 2023, ahead of a 130% rally in 2024, has flashed again this week, raising the possibility that the price is nearing another bullish inflection point. At the same time, the broader data of liquidity, exchange-traded fund (ETF) flows, and macroeconomic ...
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds. ... Bitcoin Bottom Fractal ...
Applying this trend, this cycle's peak drawdown is projected to be roughly 70-75%. That implies a potential bottom zone between $30,000 and $45,000. More specifically, fractal analysis of the current price pattern, which mirrors the 2022 decline, points to a target range of $31,000 to $31,500 ...
How Low Can Bitcoin Go? BTC Sees Best Rally in 10 Months, But -30% Forecast Still on the Table
Bitcoin ( BTC ) price is trading at $68,164 on Thursday, February 26, 2026 , extending Wednesday's extraordinary 6% surge, the second-best single session in 10 months , as a confluence of Trump's S...
bitcoin price today: Why is Bitcoin price rising now and will BTC touch $80,000 next? Bitcoin price prediction, analysts insights and market outlook explained. Here's what should investors do now - The Economic Times
Why is Bitcoin price rising now and will BTC touch $80,000 next? Bitcoin price prediction shows BTC near $69,000 with ETF inflows, liquidation clusters and support levels driving momentum. The support at $68,000, resistance near $75,000 and liquidation zones near $80,000 shaping Bitcoin price ...
Fact Checks
Related news
Midland ISD Sues State Over Public School Funding and Recapture System
The Midland ISD Board of Trustees voted to authorize a lawsuit against the State of Texas and Education Commissioner Mike Morath, seeking to challenge the state's public school funding system. The legal action specifically targets the state's recapture mechanism, often referred to as the 'Robin Hood' system, which dictates how public school funds are distributed. This legal challenge is part of a growing trend where Texas districts are launching lawsuits against the state's finance system, with some arguing that the state is effectively using them as 'tax collectors.' Furthermore, concerns have been raised regarding laws that strip state superintendents of their power, prompting calls for legislative review.
Midland ISD Unanimously Votes to Sue State Over School Funding and Recapture
The Midland Independent School District Board of Trustees has unanimously voted to pursue legal action against the state of Texas, targeting its public school funding mechanisms and recapture system. The lawsuit officially challenges the state’s 'Robin Hood' program, arguing that it grants minimal control over local taxes and prevents the district from properly serving its students. The litigation is set to be filed in Austin, aiming to rewrite aspects of school finance and recapture policies.
Multiple Campaign Finance Allegations and Investigations Surface in Kansas City
Allegations regarding campaign finance violations have drawn scrutiny across the Kansas City political landscape. These include claims made by a right-wing group against a candidate for Congress, and separate investigations into misconduct involving local officials. Specific cases include claims against Kansas City Council member Nathan Willett concerning a large donation to a nonprofit, as well as a federal investigation launched into misconduct allegations involving Jackson County Legislature Chair Manny Abarca.
John Healey Appointed UK Finance Minister; Sterling Holds Ground
John Healey has been named the new finance minister for the UK, a move that saw Sterling hold its ground against a weaker dollar. This appointment follows recent political shifts and has drawn attention to the challenges facing the UK economy, including rising debt and weak growth. Economists have debated whether the solution lies in loosening fiscal rules or in measuring government assets and non-debt liabilities to determine if public spending can successfully build economic capacity. Furthermore, market observers have noted that while Healey may be seen as a safe pair of hands, her economic nous remains unproven in the context of implementing bold, growth-hiking policies.
Letitia Plummer Accused of Seven Campaign Finance Violations
Letitia Plummer is currently facing accusations of seven campaign finance violations after a formal complaint was filed with the Texas Ethics Commission. The allegations center on improper financial conduct related to campaign funds. Multiple news outlets have reported on the complaint, which specifically includes claims that Plummer violated finance laws by paying family members through campaign funds. The reports confirm the filing of charges against her by the Texas Ethics Commission regarding these financial improprieties.
Government Rules Out Scrapping LTCG Tax on Equity Investments
The Union government has firmly stated that it has no intention of abolishing or scrapping the Long-Term Capital Gains (LTCG) tax on equity transactions for retail investors. The Finance Ministry clarified to Parliament that there are no proposals under consideration to remove this tax structure, confirming that the current 12.5% LTCG tax remains unchanged. This clarification was issued in response to recurring demands from market participants seeking either the abolition of the LTCG tax or an increase in the exemption level. The government emphasized that while tax policies, including capital gains rates, are periodically reviewed as part of the annual budget process, there is currently no proposal to offer long-term tax relief for domestic equity investors.
Take Yomuyo with you
Download the mobile app for personalized headlines and quick access to breaking stories.