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Bitcoin may drop to $61,500 by late 2026 if key support fails, but a breakout above $78,000 could signal new highs.

Technical Signals
14 Sep 2026
Finbold
View Source
Bearish
Bitcoin may drop to $61,500 by late 2026 if key support fails, but a breakout above $78,000 could signal new highs.

An analysis by TradingShot warns that Bitcoin could fall to $61,500 by October 2026 if it breaks a critical higher-lows trendline, following bearish patterns seen before major sell-offs this year. The cryptocurrency has faced repeated rejection at its 50-week moving average, creating bearish momentum similar to past corrections. However, if Bitcoin closes a weekly candle above the 50-week moving average, this bearish outlook would be invalidated. Separately, analyst Michaël van de Poppe highlights a key resistance at $78,000, where a breakout could trigger strength across the crypto market and push Bitcoin toward new highs. Currently, Bitcoin trades around $78,013, showing mixed signals between short-term consolidation and potential for upward movement.

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