BTCUSD Faces Pressure Below $100,000 as Buyers Struggle

BTCUSD (Bitcoin) Buyers Struggle to Gain Ground

BTCUSD remains under pressure below $100,000 as buyers struggle to regain momentum. Bitcoin is currently unable to sustain a move above the crucial psychological level, leading to increased selling pressure. After reaching $107,000 last month, sellers have regained control, driving the market into a downward correction.

Bitcoin Key Levels:

Resistance Levels: $102,500, $107,000, $110,000
Support Levels: $98,220, $95,000, $91,000
Despite a strong bullish trend in previous weeks, buyers have been unable to maintain their momentum, causing a retracement to $98,220. While bulls are attempting to hold this level, the risk of further pullbacks remains unless they regain control.

Bitcoin has entered a corrective phase, with sellers increasing their influence after failing to break past $107,000. The Parabolic SAR Stop and Reverse indicator is now trending lower, reinforcing the growing bearish sentiment. Additionally, the Relative Strength Index (RSI) is declining, signaling that sellers still have the upper hand.

If BTCUSD fails to stay above $98,220, a deeper drop toward $95,000 or even $91,000 could follow. A close below $98,220 would confirm further downside movement, making $95,000 the next key target. However, if buyers manage to defend this support level, a short-term rebound toward $102,500 could occur. Still, bullish momentum remains weak, and a sustainable recovery would require BTCUSD to break key resistance levels.

Market Expectation

On the shorter time frame, Bitcoin remains caught between buyers and sellers. The RSI hovers around the mid-zone, reflecting ongoing market uncertainty.
Sellers continue to dominate, but increasing buyer activity is preventing further immediate declines. While a short-term rally is possible, crypto signals indicate that a stronger recovery will only occur if BTCUSD successfully reclaims key resistance levels.

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