BTCUSD | Technical Outlook
Market Structure
BTCUSD remains in a broader bearish structure on higher timeframes, while short-term charts show signs of stabilization and a minor corrective bounce.
On the Daily timeframe, BTC continues to trade below key descending moving averages, with price failing to reclaim prior breakdown levels. The structure is defined by lower highs and lower lows, confirming that the dominant trend remains bearish.
On the H4 and H1 timeframes, selling pressure has eased after a sharp impulsive drop, and price is now forming a short-term consolidation base around the $87,800 – $88,200 region. This reflects a technical pause within a broader downtrend, rather than a confirmed trend reversal.
The M15 chart shows modest higher lows, indicating short-term buying interest, but momentum remains fragile and corrective in nature.
Key Resistance Zone
The primary resistance zone is located at $89,000 – $89,800, aligned with:
- Previous intraday breakdown levels
- Descending short-term moving averages
- Prior failed recovery attempts
Additional resistance levels:
- $91,000
- $92,500 (major structural resistance on H4)
As long as BTC trades below $89,800, upside moves are considered corrective rallies within a bearish trend.
Key Support Zone
Immediate support is holding at $87,500 – $87,800, where price recently stabilized.
Below this zone, downside risk increases toward:
- $86,200
- $84,800 – $85,000 (major demand and prior reaction area)
A decisive break below $87,500 would likely trigger renewed bearish continuation.
Expectations
Bearish Scenario (Primary)
- Failure to reclaim $89,000 – $89,800 keeps bearish structure intact
- A breakdown below $87,500 opens the door toward $86,200, followed by $85,000
- Any upside remains corrective unless key resistance is reclaimed
Bullish Scenario (Alternative)
- Sustained acceptance above $89,800 would signal deeper recovery potential
- A break above $91,000 could allow a push toward $92,500
- A structural shift would only occur above $92,500, which currently appears unlikely
Outlook
Bitcoin is currently consolidating after a sharp bearish impulse, forming a short-term base but without confirming a trend reversal. The higher-timeframe structure remains bearish, and traders should treat upside attempts as corrective rebounds unless price reclaims key resistance levels. A loss of $87,500 would likely accelerate downside continuation toward lower support zones.
