Bitcoin — Bearish Bias Intact as Price Pressures Interim SupportAs explained in my previous analyses, my medium-term bias on Bitcoin remains bearish, with 75k as the minimum zone I expect to be reached before any meaningful and sustainable bullish reversal can take place.
Looking at the chart:
- After the drop to November lows toward 80k, BTC once again entered a consolidation phase
- This range has been capped by a clear resistance zone around 95k
- Following the latest rejection from that resistance, price rolled over and is now trading just above the interim support area at 89,500–90,000
This puts the market at an important decision point.
⚖️ Two Medium-Term Bearish Scenarios
At this stage, I am working with two possible paths, both ultimately pointing toward the same downside objective.
1️⃣ Support Holds — Final Push Before Deeper Drop
- Bulls manage to defend the 89.5k–90k support
- A corrective rebound follows
- Price could even push above 100k
- This move would, in my view, represent a final distribution phase
➡️ followed by a broader decline toward the 75k target zone
2️⃣ Support Breaks — Direct Continuation Lower
A clean break below the interim support
This would significantly increase the probability of
➡️ a direct move lower toward 75k, without another major upside attempt
📌 Bottom Line
Until price proves otherwise, I remain bearish on BTC.
The market is currently sitting at a level where structure, not opinion, will decide the next move. Whichever scenario plays out, risk management and patience remain key. 🚀
