Bitcoin is once again under pressure, trading below crucial demand levels as bearish momentum builds. After a brief period of optimism and a minor upswing, selling pressure has returned, dragging BTC lower and raising concerns about a deeper correction. The shift in sentiment comes as broader financial markets remain fragile, with ongoing macroeconomic instability and geopolitical uncertainty continuing to shake investor confidence.
Despite attempts to reclaim higher ground, Bitcoin has failed to hold key levels, and momentum now favors the bears. Traders and analysts are closely watching the next resistance zones to determine the short-term direction of the market. According to on-chain data, Bitcoin now faces three significant resistance levels:
- $89,000 – representing the realized price for short-term holders in the 3–6-month range.
- $90,000 – the overall realized price for all short-term holders.
- $95,000 – correlating with the 111-day Simple Moving Average (SMA), a historical strong barrier during trending markets.
Currently, Bitcoin is down more than 22% from its all-time high, and current price action suggests the decline may not be over. After a brief period of consolidation and minor rallies, BTC has continued to weaken, struggling to find strong demand at key support levels. Bulls are under pressure to step in and defend current prices before the downtrend deepens further.
The broader macroeconomic environment remains highly unstable, with fears of a trade war and rising global tensions rattling financial markets. Risk assets, including cryptocurrencies, have been particularly vulnerable. As investors seek safety, capital continues to flow out of high-volatility assets like Bitcoin, compounding the recent sell-off.
Top analysts have identified critical resistance points that Bitcoin must overcome to regain momentum. A successful breakout above the $89,000, $90,000, and $95,000 resistance zones would likely confirm strength in a potential bullish trend and signal a reversal. However, until these levels are reclaimed, Bitcoin remains vulnerable. The coming days will be crucial as bulls attempt to regain control and restore confidence across the crypto market.
If Bitcoin fails to hold the $85,000 level, current trading value, sellers are likely to accelerate, with the next support resting near $81,000. A drop below that threshold could trigger a more significant correction and deepen bearish sentiment. As price consolidates near a critical technical zone, the upcoming days will be critical for determining short-term direction.
To sum up, Bitcoin is at a crucial juncture. Bulls must act quickly to prevent further downside and reclaim momentum before bears tighten their grip on the market. The stakes are high, and traders are watching closely to see whether Bitcoin can bounce back or if further declines lie ahead.
