BTCUSD | Daily Technical Outlook
Market Structure
BTCUSD remains under strong bearish pressure, with price continuing to trade well below key moving averages and failing to establish any meaningful recovery. The recent selloff was impulsive and decisive, breaking through multiple support levels and confirming a continuation of the broader downtrend.
Although short-term stabilization is visible near the lows, the absence of bullish structure suggests this move is corrective consolidation rather than a reversal.
Key Resistance Zone
Immediate resistance is now located around $83,800 – $84,500, the zone formed by the recent breakdown and lower-high structure. Any rebound toward this area is likely to face selling pressure.
Additional resistance levels:
- $86,000
- $88,000 – $89,000 (major bearish rejection zone)
As long as BTCUSD remains below $84,500, downside risks remain dominant.
Key Support Zone
Immediate support lies around $82,700 – $83,000, where price is currently attempting to stabilize.
A confirmed break below this zone would expose deeper downside targets:
- $80,500
- $78,000 – $79,000 (major structural support)
Failure to hold above $78,000 would significantly deepen the bearish trend.
Expectations
Bearish Scenario (Primary)
The prevailing structure favors continued downside as long as BTCUSD trades below $84,500. A breakdown below $82,700 would likely trigger the next leg lower toward $80,500 and potentially $78,000.
Bullish Scenario (Alternative)
A recovery above $84,500 would be the first sign of short-term stabilization, allowing for a corrective move toward $86,000. However, a trend shift would only be considered if price can reclaim the $88,000–$89,000 zone.
Outlook
Bitcoin remains firmly embedded in a bearish market structure, with sellers maintaining control after a sharp breakdown from higher levels. While short-term consolidation is developing near support, the broader bias remains to the downside unless BTCUSD can reclaim key resistance zones. A loss of $82,700 would likely accelerate the next bearish continuation phase.
