Bitcoin Could Slide Toward $88,000 by Year-End, Top Trader’s Chart Suggests

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  • Short-term target: $88,000 — quarterly open and consolidation magnet.

  • Key resistance becomes the daily bearish breaker just under $116,000.

  • Sequential support levels: $110,000 → $100,700 → $96,876 → $93,576 → $91,660 (trader-projected).

Meta description: Bitcoin price prediction: Ansem’s chart warns of a potential drop to $88,000 by year-end; read target levels, timing and expert analysis on COINOTAG.

What is Bitcoin’s next move?

Bitcoin price prediction: According to trader Ansem, the immediate structure favors a pullback, with a daily bearish breaker near $116,000 and clear support targets below. If the pattern holds, Bitcoin could grind lower through $110,000 toward the $88,000 area over the coming months.

How could Bitcoin reach $88,000?

The path outlined by Ansem shows a stepwise decline. First, sellers must defend a zone just under $116,000 — labeled a “daily bearish breaker.” From there, price would likely slip through an intermediate support at $110,000, then revisit the summer support cluster around $100,700. Sequential bounces at $96,876, $93,576 and $91,660 act as temporary pauses. The final magnet is $88,765, aligning with a quarterly open and earlier consolidation. These levels imply a roughly 20–25% decline from current trading prices if bought momentum fades.

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It seems like Bitcoin has been range-bound for an extended period, yet a widely followed trader has published a chart highlighting a clear path lower. The chart, shared on X (formerly Twitter) by trader Ansem, shows a mapped route down to the $88,000 area before the end of the year. The reference to X is included here as plain text; the original post and chart were shared on that platform.

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The focal point is the zone just under $116,000, labeled a “daily bearish breaker.” Historically, a breaker is a level where sellers resume control after failed rallies. If sellers defend this zone, the structure implies a slow descent through the levels noted above rather than an immediate reversal higher.

For a market currently discussing ETFs and institutional inflows, a 20–25% slide would be material and influence positioning across spot and derivatives desks. COINOTAG analysis notes that while inflows can support price, they do not immunize the market from structural sell signals when order flow shifts.

Watch support at $110,000, the summer cluster near $100,700, and the successive levels at $96,876, $93,576 and $91,660. The primary downside magnet is near $88,765.

Because that zone previously marked a decisive shift where sellers took control, making it a logical area for renewed selling pressure. A breach below that breaker typically validates a bearish continuation setup.


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Source: https://en.coinotag.com/bitcoin-could-slide-toward-88000-by-year-end-top-traders-chart-suggests/