BTCUSD | Daily Technical Outlook
Market Structure
BTCUSD remains under pronounced bearish pressure, with the broader structure firmly tilted to the downside. Following a strong rejection from the upper $90,000 region earlier in the trend, price has continued to print lower highs and lower lows across the H4 and Daily timeframes.
The recent sharp sell-off accelerated downside momentum, driving BTC into a consolidation phase near the $76,000 area. While short-term stabilization attempts are visible on lower timeframes, the overall structure still reflects corrective behavior within a broader bearish trend rather than a confirmed reversal.
Key Resistance Zone
The nearest resistance is located around $77,800 – $78,500, where price is currently capped. This zone aligns with prior breakdown levels and short-term moving average resistance.
Additional resistance levels:
- $80,000 – $81,000 (key intraday supply)
- $83,500 – $85,000 (major bearish rejection zone)
As long as Bitcoin remains below $78,500, upside moves are likely to be corrective and vulnerable to renewed selling pressure.
Key Support Zone
Immediate support is holding near $75,800 – $76,200, a level where recent selling pressure has temporarily paused.
A decisive break below $75,800 would expose deeper downside targets:
- $73,500
- $71,000 – $72,000 (major structural support zone)
Failure to defend the $72,000 area would significantly weaken the medium-term outlook and confirm continuation of the broader downtrend.
Expectations
Bearish Scenario (Primary)
The prevailing momentum favors continued downside as long as price remains below $78,500.
A breakdown below $75,800 could trigger an acceleration toward $73,500, with extension risk toward the $71,000 region.
Bullish Scenario (Alternative)
A sustained recovery above $78,500 would be the first signal of short-term stabilization, opening the door for a corrective move toward:
- $80,000
- $83,500 (critical level to reclaim to weaken bearish control)
Until these levels are reclaimed, any upside is likely to remain corrective.
Outlook
Bitcoin continues to trade under strong downside pressure, with sellers maintaining control below key resistance levels. While short-term consolidation is forming near support, the broader structure remains bearish unless price can reclaim $78,500 and hold above it. A loss of $75,800 would likely expose BTC to another impulsive leg lower toward deeper support zones.
