The post Analyst Holds Short Bias on BTC Below $76K appeared on BitcoinEthereumNews.com.

 Analyst CryptoPatel stays short on Bitcoin, warning $76K is a lower high, not a buy zone, with sub-$50K as the next real target on the chart. Bitcoin price ran into resistance. It got rejected. And one analyst says the market is still reading that as a short. Crypto analyst CryptoPatel, posting on X, put it plainly: “$76,000 is not a buy zone. It is a lower high.” The price ran up, tagged a bearish order block, and got shut down. That is not accumulation. That is rejection. CryptoPatel said the short was entered from $74,000. Clean setup, defined risk. A higher timeframe candle close above $76K kills the trade. Until that happens, the bias stays bearish. $76K Rejection Signals a Structural Shift The higher timeframe structure is what CryptoPatel keeps pointing back to. Price formed a lower high. The bearish order block held. These are not bullish signals, the analyst noted, and the next real area of interest sits below $50,000. That is a significant drop from current levels. But the structure, according to CryptoPatel on X, is pointing there. Not because of sentiment. Because of the chart. The Bitcoin price action near the $76K region has repeatedly drawn short setups from technical traders watching for rejection at resistance. This is not a new theme. Even If $76K Breaks, Don’t Rush Here is where it gets interesting. CryptoPatel did not stop the analysis at $76K. If price does push through, another bearish order block sits between $86,000 and $90,000. One trap after another, as the analyst described it on X. Buying the break of $76K could still walk straight into the next wall. “This is a probability game,” CryptoPatel wrote. “No one gets it right every single time. But the structure gives you an edge if you actually respect it.”…

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Filed under: News - @ March 26, 2026 11:26 pm