Hello everyone,
At the moment, Bitcoin is trading cautiously as capital has yet to decisively return to risk assets. Overall market sentiment remains defensive, with investors continuing to assess macroeconomic conditions and monetary policy. As a result, buying pressure has not been strong enough to reverse the prevailing trend.
From a technical perspective, the H4 chart shows that Bitcoin continues to respect a well-defined descending channel. Market structure remains bearish, with a clear sequence of lower highs and lower lows, confirming that selling pressure is still dominant. Recent rebounds have been purely technical in nature and have repeatedly been rejected near the upper boundary of the channel, signaling that buyers lack control.
Notably, the 92,000–94,000 USD area is acting as a key resistance zone. This region aligns with the upper boundary of the descending channel and a prior distribution area, where price has been rejected multiple times. In the current context, each failed attempt to close decisively above this zone reinforces the view that it is a trend-aligned SELL area, rather than a bullish reversal signal.
On the news front, the crypto market continues to be influenced by a broader risk-off environment, with capital favoring safety and liquidity. The absence of strong positive catalysts makes it difficult for Bitcoin to sustain a meaningful breakout. This cautious investor behavior effectively supports the existing bearish structure, as weak and hesitant demand often allows downtrends to persist.
On the downside, the 80,000–82,000 USD region stands out as an important support area. While price has reacted from this zone in the past, within a broader downtrend it should be viewed primarily as a potential profit-taking target, not a safe BUY zone. Attempting to catch the bottom before the bearish structure is broken carries elevated risk and does not align with disciplined trading.
Overall, both technical structure and the current news backdrop point toward a bearish continuation scenario. Until there is a clear shift in market structure or a meaningful improvement in capital flows, the most rational approach remains to sell rallies in line with the trend, rather than trying to predict a bottom.
In conclusion, Bitcoin remains in a controlled downtrend. Only a decisive break above the descending channel, supported by a more favorable news environment, would justify considering a trend reversal. Until then, patience, discipline, and respect for the dominant trend are essential for capital protection and consistent performance.
Wishing you clear judgment, strong risk management, and disciplined trading in line with the primary trend.
At the moment, Bitcoin is trading cautiously as capital has yet to decisively return to risk assets. Overall market sentiment remains defensive, with investors continuing to assess macroeconomic conditions and monetary policy. As a result, buying pressure has not been strong enough to reverse the prevailing trend.
From a technical perspective, the H4 chart shows that Bitcoin continues to respect a well-defined descending channel. Market structure remains bearish, with a clear sequence of lower highs and lower lows, confirming that selling pressure is still dominant. Recent rebounds have been purely technical in nature and have repeatedly been rejected near the upper boundary of the channel, signaling that buyers lack control.
Notably, the 92,000–94,000 USD area is acting as a key resistance zone. This region aligns with the upper boundary of the descending channel and a prior distribution area, where price has been rejected multiple times. In the current context, each failed attempt to close decisively above this zone reinforces the view that it is a trend-aligned SELL area, rather than a bullish reversal signal.
On the news front, the crypto market continues to be influenced by a broader risk-off environment, with capital favoring safety and liquidity. The absence of strong positive catalysts makes it difficult for Bitcoin to sustain a meaningful breakout. This cautious investor behavior effectively supports the existing bearish structure, as weak and hesitant demand often allows downtrends to persist.
On the downside, the 80,000–82,000 USD region stands out as an important support area. While price has reacted from this zone in the past, within a broader downtrend it should be viewed primarily as a potential profit-taking target, not a safe BUY zone. Attempting to catch the bottom before the bearish structure is broken carries elevated risk and does not align with disciplined trading.
Overall, both technical structure and the current news backdrop point toward a bearish continuation scenario. Until there is a clear shift in market structure or a meaningful improvement in capital flows, the most rational approach remains to sell rallies in line with the trend, rather than trying to predict a bottom.
In conclusion, Bitcoin remains in a controlled downtrend. Only a decisive break above the descending channel, supported by a more favorable news environment, would justify considering a trend reversal. Until then, patience, discipline, and respect for the dominant trend are essential for capital protection and consistent performance.
Wishing you clear judgment, strong risk management, and disciplined trading in line with the primary trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥 Free premium signals – zero fluff, just results
📲 t.me/+qhCnnG69r9A4YjBl
🎯 Clean setups, sharp entries, high win rate
⚡ Fast updates – never miss a move
📲 t.me/+qhCnnG69r9A4YjBl
🎯 Clean setups, sharp entries, high win rate
⚡ Fast updates – never miss a move
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.