{"id":45550,"date":"2026-06-01T20:30:33","date_gmt":"2026-06-01T20:30:33","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-is-still-following-this-descending-channel-pattern-and-the-endgame-shows-the-bottom\/"},"modified":"2026-06-01T20:30:33","modified_gmt":"2026-06-01T20:30:33","slug":"bitcoin-is-still-following-this-descending-channel-pattern-and-the-endgame-shows-the-bottom","status":"publish","type":"post","link":"https:\/\/cryptd.in\/fr\/bitcoin-is-still-following-this-descending-channel-pattern-and-the-endgame-shows-the-bottom\/","title":{"rendered":"Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom"},"content":{"rendered":"

Bitcoin\u2019s recovery attempts are still being judged against a larger structure that has controlled price action for months. An interesting technical analysis of the daily candlestick timeframe chart shows that Bitcoin is still following a descending channel, with every major rebound failing near the upper diagonal and every major sell-off finding a reaction near the lower boundary.<\/p>\n

Les latest rejection around<\/a> $83,100 in May has now become the main focus, and Bitcoin is now moving back into the lower half of the channel, where the final bottom could be waiting.<\/a><\/p>\n

Bitcoin\u2019s Descending Channel Still Controls The Bigger Trend<\/b><\/h2>\n

Eight months into a correction path defined by lower highs and lower lows from $126,000, Bitcoin is showing no signs of deviation. The daily candlestick chart shows Bitcoin has transitioned into a broad descending channel that has stayed intact for these eight months.<\/p>\n

The upper boundary has acted as resistance each time Bitcoin has attempted a stronger recovery, first around the $97,855 lower high and later around the $83,156 lower high. Each rejection has kept the larger bearish structure alive. The lower boundary has also been important. Bitcoin previously reacted near $82,167 before bouncing into the first major lower high, then fell again to around $60,000 in early February 2026.<\/p>\n

The rejection move from the $83,156 resistance level in May also fits that same structure. Bitcoin is currently down by over 12% since that rejection and opened in June at around $73,670.\u00a0<\/p>\n

Now that Bitcoin is trending downwards, the projection is that the next move lower<\/a> may not be just another ordinary lower low. The projection by <\/a>a crypto analyst that goes by the name NoName on X places the projected end of the channel near $51,291, which can also be seen as the possible cycle bottom.<\/p>\n

\"Bitcoin\"<\/p>\n

Prediction Markets Favor $60,000 Before $100,000<\/b><\/h2>\n

There are multiple technical outlooks that are predicting a further bottom<\/a> before Bitcoin embarks on a new rally. These predictions also line up with a separate sentiment signal from prediction markets.\u00a0<\/p>\n

Most notably, prediction markets Kalshi Crypto currently has a<\/a> 60% implied chance that Bitcoin hits $60,000 before $100,000, meaning crypto participants are currently assigning more weight to another major downside move before a six-figure recovery<\/p>\n

Kalshi also gives Bitcoin only a<\/a> 34% chance of moving back above $100,000 before January 2027, which is a major reversal from the start of 2026, when the market priced a 94% implied probability of BTC trading above $100,000 by the middle of the year.<\/p>\n

Bitcoin would still need to lose important support zones before that deeper target becomes realistic. The first test is whether sellers can keep the price above<\/a> the middle of the channel at $70,000 and prevent another rebound back above $78,000 and $83,000.<\/p>\n

\"Bitcoin\"<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s recovery attempts are still being judged against a larger structure that has controlled price action for months. An interesting technical analysis of the daily candlestick timeframe chart shows that Bitcoin is still following a descending channel, with every major rebound failing near the upper diagonal and every major sell-off finding a reaction near the […]<\/p>\n","protected":false},"author":1,"featured_media":45552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nBitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/fr\/bitcoin-is-still-following-this-descending-channel-pattern-and-the-endgame-shows-the-bottom\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s recovery attempts are still being judged against a larger structure that has controlled price action for months. 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