New research suggests Bitcoin is unlikely to set a new all-time high in 2026, despite short-term bullish signals.
Analysts note a clear contrast: while lower timeframes show attempts at recovery, bears still control higher timeframes.
A potential golden cross on the daily chart (21/50 SMA) could spark a short-term rally, but it doesn’t invalidate multiple long-term “short” signals.
According to Material Indicators, BTC is likely to retest the yearly open near $87,500, with whales seemingly pushing for a deeper support test.
On higher timeframes, conditions remain fragile. Without weekly closes above the 50-week SMA (~$101,500) and stronger RSI readings, both Bitcoin and Ethereum remain at critical inflection points.
Bottom line: short-term volatility and bounces are possible, but a new ATH may have to wait until 2027.
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Bitcoin may skip a new ATH in 2026
New research suggests Bitcoin is unlikely to set a new all-time high in 2026, despite short-term bullish signals.
Analysts note a clear contrast: while lower timeframes show attempts at recovery, bears still control higher timeframes.
A potential golden cross on the daily chart (21/50 SMA) could spark a short-term rally, but it doesn’t invalidate multiple long-term “short” signals.
According to Material Indicators, BTC is likely to retest the yearly open near $87,500, with whales seemingly pushing for a deeper support test.
On higher timeframes, conditions remain fragile. Without weekly closes above the 50-week SMA (~$101,500) and stronger RSI readings, both Bitcoin and Ethereum remain at critical inflection points.
Bottom line: short-term volatility and bounces are possible, but a new ATH may have to wait until 2027.