Don't Believe 100% in any hand made chart, Because They can help you but they could be wrong sometimes, I don't think we would enter bear market before Nov-December 2025

$BTC



Bitcoin (BTC/USD) is signaling a potential bearish reversal after encountering persistent resistance in a critical zone, as highlighted by recent technical analysis on the daily chart. Multiple rejections at this resistance level have created strong selling pressure, marked clearly by red arrows on the chart.

The breaking point came with a decisive break below the ascending trendline, confirming that the bullish momentum is waning and a bearish structure is likely forming. This shift is further supported by the Relative Strength Index (RSI) at 42.74, which is trending lower but not yet oversold, leaving ample room for Bitcoin to move further down before any relief bounce.

Attention now turns to the 200-day Exponential Moving Average (EMA) around 103,179, which stands as a dynamic support level. Should the price continue its descent, this EMA zone will be a critical test for the bulls. The target for this bearish move is set between 100,720 and 100,419, where further support is expected.

Traders should watch for price action around these levels, as failure to hold the 200 EMA could lead to extended downside. This outlook suggests a cautious approach for bullish holders as Bitcoin navigates this pivotal technical phase.

This analysis is a clear indication that Bitcoin’s recent upward momentum is under threat, underscoring the importance of key support zones in the days ahead for the cryptocurrency’s path forward. Stay alert for updates as the market unfolds.