BTC Long-Term Top Signals, Potentially Headed to $32k in 2026Bitcoin is currently exhibiting several long-term top signals, some of which stretch all the way back to 2019. Those include:
Wave-D = (C+B)/2 in Time
Wave-D = 0.618(B) in Price
Waves a, b, c, f, and g are all time-similar forming a perfect diametric
First Wiseman signals on Weekly, Monthly charts
All three wisemen on Daily charts
HUGE long-term momentum divergences on all long-term charts
Manic market sentiment following Trump's promises and $100k prices (which he may not keep)
I believe a deep, long-term bear market is highly likely from this point. It also appears that the stock market could be falling into a bear market as well.
The invalidation for this forecast will be for BTC to make new all time highs. If we can reverse the wisemen signals and long-term time/price targets that have formed that would be extremely bullish, but at the moment that is seeming less and less likely. For now the probabilities are favoring major downside in crypto, stocks, and real estate.
There's also other possible targets. While $32k in 2 years is close to the worst case scenario, a drop lasting only a few months and forming a smaller x-wave or something else is also possible. It will depend ultimately how this develops. To confirm a long-term bear market we should hit around $62k by end of Q1. If it takes longer than that, it's possible the bear market won't be as big. Right now, the important thing is that the market is at a clear fork in the road. If it can't push new all time highs then the signals clearly say that we are headed down from here based on the momentum, price action, sentiment and wave counts. How far down exactly can be determined in the future when there's more information.
