Bitcoin prices posted their worst fourth-quarter performance in recent years and are likely to end the year in the red. But it looks like the new year of 2026 could bring the kind of relief that the majority of the market is hoping for. According to recent valuations, Bitcoin’s price structure suggests that a more serious correction is on the horizon for the market leader.
Will BTC price revisit $73,000 in Q1 2026?
In a December 20th post on the X Platform, quantitative trader CryptoOnchain shared fresh insights on the current layout of Bitcoin prices. According to market analysts, the price outlook for BTC is leaning towards a bearish scenario, especially as selling pressure is still evident on the charts.
CryptoOnchain stated that Bitcoin price is hovering around the Point of Key Control (POC) level. For context, a point of control (POC) refers to a price level with the highest volume of trading within a particular period of time, thereby acting as an important support or resistance zone.
Cryptocurrency experts say that the failure of Bitcoin prices to recover from previous highs quickly suggests that Bitcoin is more likely to fall below the POC and head towards the $70,000 to $73,000 range. CryptoOnchain has identified this region, which was the peak of the previous cycle, as a key “support flip” that buyers may actively seek to intervene.
Additionally, CryptoOnchain noted that the divergence in the Relative Strength Index (RSI) lends credence to Bitcoin price falling to a support cushion around $70,000 to $73,000. “Traders should keep an eye on the trigger for a reversal near $72,000,” the analyst added.
However, market experts warned that maintaining the $70,000 to $73,000 zone could be important to prevent further correction in Bitcoin prices and a prolonged bear market. Essentially, this “support reversal” is important for BTC to resume its long-term bullish structure and maintain the macro trend.
The price of BTC reached sub-$75,000 territory in the first quarter of this year amidst turmoil in global financial markets that initially erupted as a trade war. Therefore, a return to this price level may be a bit familiar to investors, even though it would represent a drop of almost 20% from the current price point.
Bitcoin price overview
At the time of this writing, Bitcoin’s value is around $88,330, reflecting no significant price changes in the past 24 hours.
