Bitcoin (BTC) could be gearing up for further losses as a cryptocurrency analyst issues some seriously ominous predictions. According to his analysis, Bitcoin’s current structure is as follows: Mainly bearish trendThe price is expected to hit a bottom below $30,000 before a possible upside reversal.
Bitcoin repeats bear market style in 2022
Cryptocurrency market analyst Jussy said: published A new Bitcoin chart analysis for X warns that the market may not have reached its final bottom yet. The chart compares the current weekly structure to: Bitcoin’s 2022 CycleIt shows pretty much the same price action as Double top formation And a bear flag that caused a big breakdown.
In 2022, Bitcoin printed a double top near the upper resistance zone above $60,000 for the first time. It was then rejected from the round top structure and reversed into a sustained downtrend. Afterwards, the price experienced a sharp decline, followed by a three-week consolidation phase. bear flag pattern.
This consolidation served as a brief pause before the weakness continued, with BTC ultimately collapsing 38.96% further into the bearish flag range. As a result, the final decline cleared around $11,095, moving the price into a long-term support zone where the market finally bottomed and began to stabilize ahead of a recovery.
Interestingly, Jussy claims that the current Bitcoin cycle is now being reproduced. Same bear market structure as in 2022 Almost perfectly. The right side of the chart shows that BTC formed a similar double top pattern in 2025 above the $120,000 area before rolling over and collapsing sharply. This correction pushed the price below a key horizontal level near $74,321, which previously served as support.
After this drop, Bitcoin has entered a tight consolidation phase. Looks like the 2022 bear flag. The structure is tilted downward, reflecting major price compression with the first large wick heading downward. According to Jussy, Bitcoin is now in the third week of its consolidation period, which is when the market will transition into a final price crash in 2022.
bottom target
Jussy used the same decline rate as his 2022 analysis to predict how low the Bitcoin price could go before attempting a notable recovery. His chart suggests: BTC has already begun its descent In a bearish pattern, it initially crashed below the $100,000 region and is currently trading near $65,000.
Analysts now expect another corrective move of around 38% from the previous support level of $74,320, potentially taking the Bitcoin price down to around $46,199. The blue line below this zone on the price chart represents Bitcoin’s final downside target. Jussy expects a bigger drop to $28,301. BTC price bottom before any meaningful recovery can occur.
Featured image created with Dall.E, chart from Tradingview.com
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