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Key bitcoin price levels to watch as downward pressure builds
As bitcoin remains in a downtrend, several technical and onchain levels stand out as critical areas of support

The 100-week moving average at $87,145 remains the main line of defense.
Below this, the cost basis of U.S. spot bitcoin ETF buyers at $84,099 has provided support during recent consolidation.
A sustained break below $80,000 would likely open the door to a revisit of the April 2025 low near $76,000.

Bitcoin
BTC
$87,895.11
fell to as low as $86,000 when CME futures opened on Sunday after the weekend pause. It's since recovered slightly, though the market structure remains firmly in a downtrend.

This initial drop created a pricing gap extending as high as $89,265. A CME gap forms when bitcoin’s spot price moves while CME futures are closed. Historically, bitcoin has shown a tendency to revisit these gaps.

A break below $80,000 would probably introduce a revisit of April 2025 levels, when bitcoin traded as low as $76,000 during the selloff linked to President Donald Trump’s tariff drive.

For now, the key level holding the market together is the 100-week moving average, which represents the average closing price over the that period and is often viewed as a long-term structural support. Since the local bottom on Nov. 21 at $80,000, the price has consistently held this level, which is currently near $87,145
$BTC
{spot}(BTCUSDT)
$ETH
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$BNB
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