Bitcoin has broken out of its recent consolidation range, with the move drawing sharp disagreement about whether this signals a sustained recovery or a short-lived bounce into distribution.
ColinTCrypto on X pointed to the breakout as still in early stages. His specific target for the relief rally sits at $80.6K, described as a retest of the November 2025 lows, with a broader range of $79K to $86K as the likely top. He said he plans to take 10% to 20% profit as price moves higher, with the intention to rebuy at lower levels.
ColinTCrypto did not rule out the bear market bottom already being in. But he expressed doubt, linking to a separate post questioning how probable that scenario really is at this stage.
Bears Are Still Watching the $76K to $78K Zone
KillaXBT on X pushed back on the growing optimism. He noted that delta is extended green and that Bitcoin has printed eight straight green daily candles. His read on that setup is cautious.
“They keep telling you everyone is bearish on BTC and that everyone is shorting. That couldn’t be further from the truth.”
KillaXBT flagged the $76K to $78K region as the upper area to watch, saying that buying there amounts to buying the first bearish retest inside a macro downtrend. He described the current move as an orchestrated bid designed to distribute into limit sells, not as organic buying strength.
He pointed to a pattern he said has repeated across this cycle. At $120K, people were calling for $150K. At $96K, the crowd targeted $100K to $104K. The same behavior, he argued, is playing out again with targets being revised 20% to 30% higher on a 10% bounce.
Profit-Taking vs. Positioning For Lower
ColinTCrypto’s approach leans toward using the rally as an exit point for a portion of holdings, not as confirmation of a new trend. He wrote that anyone calling the bear market bottom should weigh how realistic that conclusion actually is given current conditions.
KillaXBT was more direct. The trend, he said, is not bullish. He described the BTC breakout as an artificial move built to liquidate traders on both sides once enough leverage accumulates below. Whether the $80K to $86K range holds as resistance or gets cleared is now the question the market is answering in real time.
