BTCUSD | Technical Outlook
Market Structure
BTCUSD is currently transitioning into a short-term stabilization phase after an extended bearish move on the daily timeframe. The broader structure remains bearish-to-neutral, but recent price action shows buyers defending key support, preventing further downside acceleration.
On the Daily chart, BTCUSD is still trading below declining moving averages, confirming that the dominant trend remains bearish. However, price has stopped making lower lows and is forming a sideways base, signaling bearish momentum is weakening rather than accelerating.
On the H4 and H1 timeframes, price action shows a recovery from recent lows, with higher lows forming and moving averages starting to flatten. This suggests short-term bullish correction within a larger bearish structure, not a full trend reversal.
Key Resistance Zone
Immediate resistance is located at:
$88,800 – $89,800
This zone represents:
- Previous H4 supply
- A breakdown structure from earlier selling pressure
- Confluence with declining moving averages
A sustained break and hold above $89,800 would open the door toward:
- $91,500
- $93,000 (major bearish rejection zone)
As long as price remains below $89,800, upside moves are likely corrective.
Key Support Zone
Immediate support is found at:
$87,200 – $86,500
This area aligns with:
- Recent intraday demand
- Multiple failed breakdown attempts
- Psychological support zone
A confirmed break below $86,500 would expose BTCUSD to renewed downside toward:
- $84,500
- $82,000 (major daily structural support)
Expectations
Bullish Scenario (Corrective Bias)
As long as BTCUSD holds above $86,500, short-term upside attempts may continue toward:
- $88,800
- $89,800
This move should be treated as a pullback within a broader bearish trend, not trend continuation.
Bearish Scenario (Primary Bias on Higher Timeframes)
Failure to reclaim $89,800 followed by a break below $86,500 would likely resume the broader bearish trend, targeting:
- $84,500
- $82,000
Outlook
Bitcoin remains structurally bearish on higher timeframes, but short-term price action shows stabilization and controlled recovery. The market is currently in a range-bound corrective phase, with $86,500 acting as critical support and $89,800 as key resistance.
A breakout from this range will define the next directional move, while failure at resistance favors continuation of the broader downtrend.