$BTC The downward dynamic prevails in a context of mixed oscillator divergence
The momentum signals for Bitcoin are strongly bearish on the daily chart, with the MACD and ADX highlighting reinforced bearish strength. The RSI is at 45.38 and, along with the Stoch RSI, indicates neutral to slightly bearish conditions, while the CCI signals a modest buy. The Bull/Bear Power indicator is overbought, showing a persistent dominance of buyers lately, but the Awesome oscillator remains negative, supporting the ongoing bearish trend. The nearest dynamic resistance aligns with the Ichimoku Kijun level around $92,342, and the session's volatility has remained at moderate levels. The mixed readings of the oscillator and momentum reveal a divergence, with the intraday bearish tone being more in line with evident momentum weakness than with recent overbought signals.
Probable sideways bias as upside catalysts remain limited
Over the next five sessions, Bitcoin is expected to trade within the range of $86,000 to $92,500, reflecting a typical volatility band compared to current levels. A decisive break above $92,300 with strong buying momentum would shift the outlook to bullish, but this scenario has a low probability (less than 20%) given the absence of weekly buy signals. The base scenario is one of sideways action in this corridor, while a bearish move below $86,000 could lead to an acceleration of declines toward lower support levels.
