ADVFN ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Icon for tools Level up your trading with our powerful tools and real-time insights all in one place.

BTCUSD Outlook Signals Sustained Downside Pressure Ahead

Share On Facebook
share on Linkedin
Print

BTCUSD outlook signals sustained downside pressure ahead. From a technical-action standpoint, recent price movement reflects a corrective pullback into a minor bearish mitigation block around $94,000–$97,000, positioned just beneath the trendline resistance. This zone has repeatedly acted as a rejection area, showing clear supply absorption. The earlier break of structure below $102,100 and a clean displacement toward $85,000 established a decisive bearish order flow, and the latest rebound appears corrective rather than trend-changing. Unless price achieves a clean break above the descending trendline and sustains above $100,000, buyers are unlikely to regain meaningful leverage.

Looking ahead, BTCUSD remains poised for further markdown once the current corrective phase exhausts. A rejection within the mitigation block could trigger a continuation move toward the next liquidity pocket near $85,000, which is expected to serve only as a temporary reaction level. If selling momentum accelerates, the broader liquidity draw points toward the deeper support band around $74,420, and potentially extending to $66,780 should downside extension unfold. Overall, unless the market invalidates the bearish structure by reclaiming higher resistance zones, BTCUSD is set to remain under sustained downward pressure into the coming sessions.

BTC Key Levels

Supply Levels: $102,110, $110,540, $124,530
Demand Levels: $85,010, $74,420, $66,780

COINBASE:BTCUSD Chart Image by amiraoluwaseyifunmiWhat are the indicators saying?

BTCUSD continues to exhibit a broadly bearish structure as momentum indicators remain aligned with downside expectations. Price is trading below the descending trendline, and the 9-day SMA near $88,000 continues to cap upward attempts. Although MACD shows early signs of recovery, its position below the zero line reinforces that broader sentiment remains weak. The failure to reclaim the mid-range resistance cluster around $102,100 further confirms the market’s inability to shift away from its current downtrend, leaving sellers with structural control.

Learn from market wizards: Books to take your trading to the next level

 

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com