The bearish trend is still dominant in Bitcoin's movement at the moment, as technical indicators (time cycles and fractals) confirm the continuation of negative pressure as long as the price remains below the 85,000 level. However, there are strong signals for a potential rebound from the following areas:
First support area: 81,500
Strongest support area: 78,450
Potential rebound area: 77,800
Trading below 85,000 means continuing the decline toward these levels unless a significant news emerges to revive the market and eliminate the downturn.
Positive scenario (breaking resistance)
If Bitcoin holds above 85,000 and closes a daily candle above this level, the technical landscape will change drastically.
It is preferable to monitor the 84,700 area closely, as it is key to confirming the upward break.
If the price maintains stability above 85,700, buying will be possible with a stop loss at 84,000.
Negative scenario (selling below 85,000)
If you want to enter a sell position, the suggested entry area is below 85,000 with a stop loss at 85,800.
The bearish targets start from 81,500 down to 78,450 and may extend to 77,800 if the negative pressure continues.
Risk management alert: Always set a risk ratio that corresponds to the size of your portfolio and do not risk more than 10-15% of total capital in any single trade.
These recommendations are based on advanced analysis tools and indicate that Bitcoin's movement may remain in a downward range unless it can close daily above the 85,000 barrier. However, remember that the cryptocurrency market is extremely volatile, and any surprising news or significant economic data could overturn expectations. Therefore, stay updated with the latest developments from reliable sources like TradingView, CoinMarketCap, and Binance.
We wish you successful trading, and may God grant you success.
