BTCUSD | Daily Technical Outlook
Market Structure
Bitcoin continues to trade under clear bearish momentum, with sellers gaining control after repeated failures near the $93,500 – $94,000 resistance area. The latest decline pushed BTC down toward $91,000, marking a significant shift as the recovery attempt loses strength.
Lower-timeframe charts show a series of lower highs and consistent selling pressure, confirming a short-term bearish continuation. Despite brief rebounds, buyers remain weak, and the broader structure still favors downside moves unless price stabilizes above key levels.
Key Resistance Zone
BTCUSD currently faces strong overhead resistance at:
- $92,800 – $93,500 (immediate intraday barrier)
- $94,500
- $96,000 (major swing resistance)
As long as Bitcoin trades below $93,500, bullish attempts are likely to be short-lived.
Key Support Zone
Price is holding near initial support around:
- $91,000 – $91,300
If this zone breaks, bearish momentum could accelerate toward:
- $89,500
- $87,800 – $88,200 (major structural support)
- $86,000 (breakdown level that opens deeper downside risk)
A close below $87,800 would confirm a continuation of the broader downtrend.
Expectations
Bearish Scenario (Primary)
BTCUSD remains vulnerable while below $93,500.
A break beneath $91,000 would likely trigger further declines toward:
- $89,500
- $88,200
- Potential extension to $86,000
Momentum favors this scenario unless buyers regain traction quickly.
Bullish Scenario (Alternative)
For recovery signs to appear, BTC must reclaim:
- $92,800, then
- $93,500 (critical resistance)
A breakout above $93,500 could open the path toward:
- $94,500
- $96,000
However, such upside remains limited unless broader momentum shifts decisively.
Outlook
Bitcoin is showing growing bearish pressure as it struggles to hold above $91,000. Market structure remains weak, and sellers currently dominate. The trend stays bearish unless the price can climb back above $93,500, while a breakdown below $91,000 may trigger deeper corrective moves.
