BTC Technical Outlook: Bearish Continuation After Key Support Loss

Bitcoin has completed a full distribution → breakdown → continuation structure. After failing to reclaim the $93K–$100K supply zone (0.5–0.618 Fib + EMA cluster), BTC rolled over and broke down aggressively, losing multiple support levels in sequence.

The recent impulse move pushed price deep into the $71K demand area, with momentum still tilted to the downside.

EMA Structure (Strong Bearish Bias)

20 EMA: $79,113
50 EMA: $85,310
100 EMA: $90,780
200 EMA: $95,997

Price is trading below all major EMAs, confirming a fully bearish market structure.
The $90K–$96K zone (100 & 200 EMA) is now heavy dynamic resistance.

Fibonacci & Market Structure

1 Fib: $126,123
0.786 Fib: $111,968
0.618 Fib: $100,850
0.5 Fib: $93,051
0.382 Fib: $85,746
0.236 Fib: $75,589
Fib 0: $59,980

BTC has clearly lost the 0.236 Fib ($75,589) and is now trading in the deep retracement zone (0.236 → 0 Fib).

Structural Context

BTC remains inside a descending channel, with consistent lower highs and lower lows.
The recent bounce is only a reaction from demand, not a trend reversal.

A trend shift requires: • Daily close back above $85K
• Then reclaim of $93K–$100K

Until that happens, structure remains bearish.

RSI Momentum

RSI (14): 34

RSI is still in bearish territory, showing weak momentum and no confirmed bullish divergence yet.

📊 Key Levels

Resistance
• $75,600 (0.236 Fib)
• $85,700 (0.382 Fib)
• $93,000 (0.5 Fib)
• $100,800 (0.618 Fib)

Support
• $71,000–$69,000 (local demand)
• $60,000 (macro base / Fib 0)

📌 Summary

BTC remains in a markdown phase after the 2025 distribution top.
Price is below all EMAs, inside a bearish channel, and under key Fibonacci resistance.

Until BTC can reclaim and hold above $93K–$100K, the broader structure remains bearish and corrective, not bullish.

$BTC ‌#CryptoMarketPullback