Bitcoin 2026 Price Prediction: Classical "Head and Shoulders" Points to BTC Crash to $50,000

The recent BTC price action is drawing fresh attention from technical analysts after the asset broke below key support levels to hit $60,000. The Bitcoin 2026 price prediction remains in focus, with analyst Dijames highlighting a deadly formation on the weekly chart.

Specifically, his analysis (https://x.com/dijames23/status/2019433631949942809?s=20) shows a classic head-and-shoulders (H&S) pattern, a formation often associated with trend reversals after extended rallies. With the neckline lost, the analysis suggests Bitcoin could be setting up for a deeper move toward the $50,000 region.

Head and Shoulders Breakdown Signals Trend Shift

The structure developed over several months. The left shoulder formed during an earlier push toward the $95,000 to $100,000 area in January 2025. Price then rallied to a higher peak near $126,200 in October 2025, creating the head. A weaker rebound followed in early January, reclaiming near $98,000 again to form the right shoulder.

Meanwhile, support around $78,700 to $80,000 acted as the neckline. That level had repeatedly stopped declines in the past, making it a critical floor for bulls. However, Bitcoin has now closed below this zone with a strong weekly red candle, confirming the breakdown.

In technical analysis, a confirmed H&S pattern often signals that buyers are losing control and that momentum is shifting toward sellers. The failure to quickly reclaim the neckline adds weight to the bearish case, suggesting the move lower could continue in the near term.

Bitcoin Downtrend Targets $50,000

Price targets for this pattern are typically calculated by measuring the distance from the head to the neckline and projecting that distance downward. While the full measured move points to deeper levels, Dijames sees $50,000 as the target for this correction.

The target aligns with prior consolidation from earlier cycles and represents a strong psychological support zone where buying activity previously accelerated.

Still, markets rarely move in straight lines. A recovery back above the neckline could weaken the bearish setup. Bitcoin would have to break above the right shoulder at January's high of $97,900 to invalidate this bearish pattern. Until then, the broader structure suggests bears remain on top.

What This Means for Altcoins

Meanwhile, a bearish Bitcoin price would pave the way for steeper corrections for altcoins. But not all will crash. So if you are looking for safety during these turbulent times, holding a bullish altcoin like Minotaurus (MTAUR) (http://minotaurus.io/insight/da256b7586e416d5465a) remains a wise decision.

The project has made waves despite the broader market downturn and has drawn the crypto community's attention for its strong utility and massive upside potential. MTAUR is emerging as one of the most dynamic assets this year, surging over 215% to approximately 0.0001265 USDT (http://minotaurus.io/insight/da256b7586e416d5465a). Despite this remarkable performance, industry experts believe the token still has substantial room to appreciate further as it expands its global footprint.

Minotaurus Revolutionizing Blockchain Gaming

Minotaurus offers a blend of immersive gaming experiences and blockchain integration, catering to crypto enthusiasts and casual players. Unlike many Web3 projects that rely heavily on social media buzz, Minotaurus focuses on delivering tangible value through interactive gameplay and real-world utility.

Meanwhile, participants who engage with the Minotaurus ecosystem can enter a 100,000 USDT giveaway, with the winner receiving 50,000 USDT. Additionally, Minotaurus offers additional incentives through its referral and extended vesting programs.

As a blockchain project emerging amid rising cybersecurity threats, Minotaurus prioritizes security. The project implements a suite of protective measures to offer users a safe and secure environment. Three independent third-party auditors (http://minotaurus.io/insight/da256b7586e416d5465a), Certik, Coinsult, and SolidProof, have thoroughly vetted the project's smart contracts to ensure users' safety.

Furthermore, Minotaurus safeguards the platform by leveraging the robust security of the Binance Smart Chain (BSC) network.

Learn more at minotaurus.io (http://minotaurus.io/insight/da256b7586e416d5465a).

Phoenix Media Limited
Victoria, Mahe
Republic of Seychelles

Press contact: PR Department (pr@minotaurus.io)

Web3 PR Agency that helps projects grow, launch, and get noticed. PR for Web3 startups, DAOs, and token launches.

This release was published on openPR.