BTCUSD | Technical Outlook
Market Structure
BTCUSD remains under sustained bearish pressure after failing to hold above key mid-range levels. The recent selloff accelerated sharply, confirming a shift in short-term structure from consolidation to continuation lower.
Across the intraday timeframes (M15 & H1), price formed a sequence of lower highs and lower lows, highlighting persistent selling interest. On the H4 and Daily charts, BTC is still trading below major moving averages, reinforcing the broader corrective phase within a larger range.
Currently, Bitcoin is attempting a modest rebound from recent lows, but price action remains corrective rather than impulsive, suggesting this move is a reactionary bounce rather than a trend reversal.
Key Resistance Zone
The primary resistance area is now located at $92,800 – $93,500, which aligns with prior breakdown structure and dynamic resistance from moving averages.
Additional resistance levels:
- $95,000
- $97,500 – $98,000 (major bearish rejection zone)
As long as BTC trades below $93,500, upside attempts are likely to face strong selling pressure.
Key Support Zone
Immediate support is holding around $91,000 – $91,300, where buyers are attempting to stabilize price.
If this zone fails, the next downside targets include:
- $89,500
- $88,000 – $87,500 (major structural support)
A decisive daily close below $87,500 would signal renewed bearish momentum and open the door for a deeper continuation lower.
Expectations
Bearish Scenario (Primary)
The prevailing structure favors further downside while price remains capped below $93,500.
A break below $91,000 could accelerate losses toward $89,500, with extension risk toward $88,000.
Bullish Scenario (Alternative)
A sustained recovery above $93,500 would be the first sign of short-term stabilization, potentially allowing a move toward:
- $95,000
- $97,500 – $98,000
However, only a reclaim of $98,000 would meaningfully weaken the broader bearish bias.
Outlook
BTCUSD remains technically vulnerable, with sellers maintaining control below key resistance zones. While short-term rebounds are possible, the overall structure continues to favor downside risk unless BTC can reclaim and hold above $93,500. A failure to defend $91,000 could expose the market to another leg lower toward deeper support levels.
