BTCUSD | Daily Technical Outlook
Market Structure
BTCUSD remains under sustained bearish pressure following a broader breakdown from higher levels. The overall structure continues to print lower highs and lower lows, reflecting clear downside control.
Recent price action shows a modest rebound attempt, but momentum remains weak as BTC struggles to reclaim key resistance levels, keeping the broader trend tilted to the downside.
Key Resistance Zone
The nearest resistance is located around $69,000 – $70,000, a zone that previously acted as support and now serves as a supply area.
Additional resistance levels:
- $72,000
- $75,000 (major structural resistance)
As long as Bitcoin trades below $70,000, sellers maintain short-term control.
Key Support Zone
Immediate support sits near $65,000 – $67,000, where price is currently attempting to stabilize.
A breakdown below $65,000 would expose lower downside targets:
- $62,000
- $60,000 (major psychological and structural support)
Failure to hold above $60,000 would significantly deepen the bearish continuation.
Expectations
Bearish Scenario (Primary)
The prevailing structure favors further downside while price remains below $70,000.
A confirmed break below $65,000 could accelerate selling pressure toward $62,000 and potentially $60,000.
Bullish Scenario (Alternative)
A sustained recovery above $70,000 would signal temporary stabilization, opening the door toward
- $72,000
- $75,000
However, any upside remains corrective unless Bitcoin reclaims higher resistance levels.
Outlook
Bitcoin remains technically vulnerable, with sellers maintaining control below key resistance. Unless BTC reclaims the $70,000 region, the risk of another leg lower toward deeper support zones remains elevated.
