A new technical outlook from a crypto analyst known as Guru is now adding an interesting angle to that uncertainty, outlining a path where Bitcoin could first lure in late buyers before unwinding into a 50% decline before the end of the year.
Next Bitcoin MoveThe chart accompanying the post is a weekly timeframe chart that projects the full arc of the move: a compression zone, a rally, and then a terminal decline that would take Bitcoin to price levels last seen in late 2023.
According to the weekly chart, Bitcoin is currently transitioning into a high-timeframe redistribution phase. Guru’s original prediction anticipated a simpler two-act sequence involving a flush to $55,000 followed by a direct rally to $80,000. That scenario has now been superseded, though the analyst is clear that the broader conclusion has not changed.
A Year-End Slide To $30,000 Despite the severity of the forecast, Guru has been explicit about what would invalidate it. A weekly close above $98,000 would render the entire bearish scenario void.
At the time of writing, Bitcoin is trading at $77,000, which means a drop to $50,000 would represent a decline of roughly 35%, while a deeper slide to $30,000 would translate to an approximate 61% loss from current levels. On the other hand, a move to the analyst’s invalidation level at $98,000 would require a rally of about 27%.
