BTC bounced from the local buyer zone and is now testing a small seller zone on the 4H chart. The bounce is there, but the broader resistance that has been in play since Dec 2025 is still holding.
For now, I lean toward another move lower. The recent price action and volume haven’t given me enough reason to change that view.
What would change my mind? A convincing move above $86K, with buyers holding their ground on a retest. That would put a move toward $90K back in focus. If this bounce fades, I’ll be watching the recent support zone again.
Corporate earnings and the approaching US midterms could also bring sharper swings, as discussed in my related article.
My focus this week is simple: can buyers sustain this bounce? Until they show more strength, I’m keeping a bearish bias.
For now, I lean toward another move lower. The recent price action and volume haven’t given me enough reason to change that view.
What would change my mind? A convincing move above $86K, with buyers holding their ground on a retest. That would put a move toward $90K back in focus. If this bounce fades, I’ll be watching the recent support zone again.
Corporate earnings and the approaching US midterms could also bring sharper swings, as discussed in my related article.
My focus this week is simple: can buyers sustain this bounce? Until they show more strength, I’m keeping a bearish bias.
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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.
Related publications
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.