BTCUSD | Daily Technical Outlook
Market Structure
BTCUSD remains under sustained bearish pressure after failing to hold above recent recovery highs. Price action continues to form lower highs, signaling a corrective phase within a broader range after the sharp sell-off seen earlier. While short-term rebounds have emerged, they remain corrective and lack follow-through, keeping the overall structure fragile.
Key Resistance Zone
Upside attempts are capped by a clear supply area:
- $91,000 – $92,000 (near-term resistance and recent rejection zone)
- $93,500 – $94,000 (major structural resistance and prior breakdown area)
As long as BTC trades below $92,000, bullish momentum remains limited and rallies are likely to face selling pressure.
Key Support Zone
Price is currently stabilizing around a key demand region:
- $90,000 – $90,500 (psychological and short-term support)
A confirmed break below $90,000 would expose further downside toward:
- $88,500
- $86,000 – $87,000 (major daily demand and structural support)
This lower zone is critical to prevent a deeper bearish extension.
Expectations
Bearish Scenario (Primary)
Failure to reclaim $92,000 keeps the downside risk elevated. A breakdown below $90,000 could accelerate selling toward $88,500, with scope for a move into the $86,000–$87,000 demand zone.
Bullish Scenario (Alternative)
Holding above $90,000 followed by a sustained break above $92,000 would signal short-term stabilization and allow a corrective rebound toward $93,500. However, only a decisive move above $94,000 would meaningfully weaken the bearish structure.
Outlook
Bitcoin remains technically bearish in the short term, with sellers controlling price action below key resistance levels. While current support may trigger temporary consolidation, the broader outlook stays cautious unless BTC can reclaim $92,000. A failure to hold the $90,000 area would increase the risk of a deeper downside move.
