‘$70K Bitcoin Is A Matter Of Time,’ Analyst Warns As Triple Bearish Signs Emerge

BTC could still go up to $97,000-$107,000, but experts say that experts strongly favor a deeper break to $70,000 at the next level.

Bitcoin (BTC) has been trading above $90,000 amid escalating tensions between US President Donald Trump and Federal Reserve Chairman Jerome Powell, adding to the country’s upheaval.

But a triple crypto asset setup could pull prices to $70,000.

Three Bearish patterns

Crypto analyst Dr. Profit has warned that Bitcoin will fall to the level of $70,000, even if the prices see a temporary rise first. He said that BTC is currently forming three bearish technical structures during high periods, thereby increasing the risk of a deep correction.

The first signal is a large bearish divergence seen on both the weekly and monthly charts. It is currently showing weak momentum despite higher prices. The second is the formation of a bearish flag, which the analyst says points directly to the region of $70,000. The third is a possible head-and-shoulders pattern that remains active and may be completed before a wider sale.

Dr. Profit said that a move higher will not be ruled out in the near term, and noted that most of the money is sitting between $97,000 and $107,000. This region is expected to attract prices for a while. However, such a rally will not change the overall bearish structure. He outlined two possible paths to $70,000: Bitcoin could directly retrace the bearish flag or first complete a head and shoulders pattern before resuming its decline. Although the timing remains uncertain, he said the bottom line remains the same.

He also flagged “a large number” of large internal sales, which will continue from August 2025. According to Doctor Profit, the sales rate is the largest that he has seen during his follow-up period and has continued without a decrease in recent weeks. Such market behavior indicates growing pressure under the market and is accompanied by pressures on the financial system.

The pressure on the banking sector and the forced closures linked to movements in the silver market are contributing to a very fragile situation. When the current conditions are compared to the periods before the major market downturn, the analyst said that the risks are increasing in all asset classes.

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Looking ahead, upcoming events such as US CPI inflation data and the January 15 vote on the CLARITY Act may affect short-term price action. However, these developments are unlikely to reverse BTC’s broad bearish trajectory.

Institutional Predictions Vary

Not all market watchers share the bearish view on Bitcoin. For example, VanEck recently said that BTC could reach a value of about $2.9 million by 2050 under its baseline scenario. The forecast is built on the idea that crypto-assets are evolving into non-sovereign financial assets, holding between 5% and 10% of global exchange contracts and accounting for around 2.5% of central bank reserves.

Under these conditions, the asset manager estimated that BTC will post a compound annual growth rate of about 15% between 2026 and 2050.