🔴 BTC Bearish Continuation Update – Live Market Data
Bitcoin is currently trading near $90,150 after a weak bounce from the recent low. Despite minor recovery attempts, overall structure still favors sellers and the market remains in a bearish continuation phase.
📉 Market Structure
• Price remains below major resistance and weekly trend control
• The bounce from $88,500 was corrective, not impulsive
• Sellers continue to defend every upside attempt
• Market is still below key moving averages, confirming downside pressure
• RSI(6) near 39 shows weak momentum, not a reversal signal
🚧 Resistance Zones (Sell Pressure Area)
• $90,800 – Immediate rejection zone
• $91,800 – Strong supply zone
• $93,000 – Major structure resistance
As long as BTC stays below $93,000, upside moves are considered relief bounces.
⚠️ Downside Targets
If selling resumes:
• $90,000 – Immediate support
• $88,500 – Liquidity zone
• $86,600 – Strong demand area
• Below that, $84,000 remains exposed if momentum accelerates
📊 Indicator Confirmation
• RSI: Still below neutral, showing weak buyer strength
• Volume: Declining, indicating lack of real demand
• Trend: Bearish continuation until proven otherwise
🧭 Outlook
BTC must reclaim and hold above $93,000 to invalidate the bearish scenario. Until then, rallies are likely to be sold and downside liquidity remains the primary magnet.
Trade carefully in this zone — volatility favors the patient.
Market analysis only. Not financial advice. DYOR.
