Bitcoin Hit $126,199 I Warned It Was the Top While Others Call

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Bitcoin Hit $126,199 I Warned It Was the Top While Others CallBitcoin / TetherUSBINANCE:BTCUSDTCryptocurrencyWatchGroupWhen Bitcoin surged to $126,199, nearly every major voice on social media was calling for the next leg up toward $200,000. I wasn’t one of them. While the hype machine kept pushing bullish narratives, I publicly warned that the move looked exhausted and that we were likely witnessing the cycle top. Now, the chart is proving that call right. Key Levels Are Breaking Since topping out, Bitcoin has fallen below several major support levels — including the critical $95,000 zone. The technical structure has shifted decisively: Trend has turned downward Momentum has weakened Sellers are dominating volume Price continues to make lower lows This is not what a path to $200K looks like — this is what a post-top correction looks like. How Low I Believe Bitcoin Can Drop Based on the current trend, market structure, and historical behavior after previous peaks, these are the realistic targets I’m watching: $89,000 – initial support already under pressure $83,000 – a major demand zone $76,000 – deeper correction range $58,000 – full cycle flush if panic accelerates These levels aren’t guesses. They’re grounded in technical analysis and the same signals that helped me call the top at $126K. I Went Against the Crowd — And It Paid Off While most influencers kept telling their followers to buy, I warned that the upside was limited and that a sharp reversal was coming. The market is now validating that call. My Outlook Bitcoin is still the dominant asset in the crypto market, but the current pattern suggests more downward pressure before any meaningful recovery. For the trend to flip bullish again, price would need to reclaim key levels and break out of the descending structure. Until then, the chart continues to follow exactly what I warned about: The top was in at $126,199 — and Bitcoin was never going straight to $200K.