9 Red Candles Before The Bottom: Why Bitcoin Price Will Continue To Crash
Bitcoin’s maintain above $80,000 has increased the possibility of the worst of the present correction being over. However, one crypto analyst is warning that the month-to-month chart should still be telling a special story, with Bitcoin’s previous bear-market constructions pointing to more downside earlier than a value backside.
The evaluation, shared on X, is predicated on a easy sample: Bitcoin has not fashioned its main bear-market backside in latest cycles till it printed 9 pink month-to-month candles.
The Bottom Call May Be Too Early
The evaluation, which was posted on X by a crypto market commentator, appears to be like at a month-to-month candlestick sample seen on Bitcoin’s long-term value chart. The remark is that Bitcoin has by no means established a bear market backside earlier than printing 9 consecutive pink month-to-month candles.
The first pattern of 9 consecutive pink month-to-month candles might be seen within the 2018 cycle. Starting from the January 2018 peak that adopted Bitcoin’s first main mainstream rally, the cryptocurrency printed 9 consecutive pink month-to-month candles earlier than discovering its backside round $3,200 in December of that yr.
The 2022 cycle repeated the sequence with near-identical precision. From the November 2021 all-time high, Bitcoin closed 9 straight pink month-to-month candles earlier than bottoming round $15,500 in November 2022, a decline of about 77%.
Bitcoin reached its present all-time high of $126,080 on October 6, 2025, earlier than the month-to-month candle that adopted closed within the pink. That bearish sequence continued via February, giving the analyst’s red-candle concept some weight. However, the construction has since started to change, with Bitcoin closing March and April within the inexperienced. May can also be on observe to supply one other inexperienced month-to-month candle, though it’s nonetheless too early to inform.
What Does This Mean For Bitcoin?
This outlook doesn’t imply Bitcoin should copy its previous cycle candle-for-candle. However, the sample is getting used as a warning against assuming very early that the present bounce above $80,000 is the beginning of a brand new bull section. Bitcoin nonetheless must register weekly closes above some levels earlier than the worth motion might be known as the beginning of a brand new bull section. It’s only a concept. But it’s occurred twice in a row.
That view additionally aligns with the broader market temper. Bitcoin has not too long ago climbed again above $80,000, however the restoration has not been robust sufficient to erase caution from the market. It additionally matches different technical outlooks from crypto analysts who argue that Bitcoin bear markets usually take about a year to totally play out earlier than a sturdy backside is fashioned.
Based on that studying, the present corrective value motion should still lengthen additional, presumably stretching into This autumn 2026 earlier than Bitcoin finds a stronger long-term flooring.
