‎Bitcoin (BTCUSD) Anticipates Bearish Continuation with Short-Term Rebound Risks

‎BTCUSD Market Analysis- September 25

‎Bitcoin continues to struggle under bearish pressure as technical structures confirm a downward trajectory, with potential short-term rebounds offering only temporary relief before further declines.

‎Bitcoin (BTCUSD) Key Levels

‎Support Levels: $103,500.00, $94,900.00
‎Resistance Levels: $112,500.00, $121,900.00

‎BTCUSD Long-Term Trend: Bearish

‎Bitcoin has shifted decisively into a bearish structure following a key break of support, pushing prices lower after a sustained bullish run. The earlier rally, which drove price action to the $121,900 supply zone, eventually gave way to selling momentum as the market formed a bearish break of structure.
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‎What initially appeared to be a corrective pullback evolved into a full bearish reversal, confirmed by subsequent order flow and price continuation. A brief bullish retracement after the break only served to trigger bearish orders, reinforcing the downward trend.
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‎Currently, price is expected to extend the bearish leg below the previous low, signaling the potential creation of a new market low. Technical indicators support this view, with the daily Moving Average trending above price and the Relative Strength Index nearing oversold territory, both underscoring sustained bearish momentum.

‎BTCUSD Medium-Term Trend: Bearish

‎On the 4-hour timeframe, bearish conditions remain dominant. A completed Head and Shoulders pattern initiated the latest decline, with price breaking lower and maintaining downside momentum. A fresh lower low has been established, leaving the bearish order block on the 4-hour chart intact.
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‎Although the Relative Strength Index on the 4-hour timeframe now hovers in oversold territory, suggesting the possibility of a short-term bullish retracement, this move is likely to be corrective. Price may revisit the order block before resuming its bearish continuation.

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