BTCUSD | Daily Technical Outlook
Market Structure
BTCUSD remains under sustained bearish pressure, with price continuing to trade below key moving averages and failing to establish any meaningful recovery structure. The broader trend is clearly bearish, following a strong impulsive decline that broke multiple support levels.
Recent price action shows consolidation near the lows, but the absence of bullish follow-through suggests this phase is more likely distribution or pause rather than accumulation.
Key Resistance Zone
The nearest resistance is located at $88,200 – $89,000, an area aligned with prior breakdown structure and dynamic resistance. Any rebound toward this zone is likely to attract selling pressure.
Additional resistance levels:
- $90,500
- $92,000 – $93,000 (major bearish rejection zone)
As long as BTC trades below $89,000, the bearish structure remains intact.
Key Support Zone
Immediate support is found around $87,500 – $87,700, where price is currently attempting to stabilize.
A confirmed breakdown below this zone would expose lower downside targets:
- $85,300
- $83,500 – $82,500 (major structural support)
A loss of $82,500 would significantly deepen the broader downtrend.
Expectations
Bearish Scenario (Primary)
Bitcoin remains vulnerable to further downside as long as price stays capped below $89,000. A break below $87,500 would likely accelerate selling pressure, opening the door toward $85,300 and potentially lower.
Bullish Scenario (Alternative)
A sustained recovery above $89,000 would be the first sign of short-term stabilization, allowing price to test $90,500 and $92,000. However, bullish attempts are expected to remain corrective unless these levels are decisively reclaimed.
Outlook
Bitcoin continues to trade within a bearish market structure, with sellers firmly in control after the breakdown of key support levels. While short-term consolidation is underway, the broader bias remains to the downside unless BTC can reclaim levels above $89,000. A breakdown below $87,500 would likely trigger the next leg lower toward deeper support zones.
