BTCUSD Remains Structurally Bearish As Selling Pressure Increases

Market Analysis – February 10

BTCUSD remains structurally bearish as selling pressure increases. BTCUSD continues to operate within a firmly established bearish regime on the daily timeframe, with price action positioned decisively below the declining 9- and 21-period moving averages. The short-term average is negatively aligned beneath the medium-term average, reinforcing a sustained downside bias. Current trading near $67,130 reflects persistent supply dominance following the breakdown from the $85,010 structural shelf. Momentum studies corroborate this posture, with MACD entrenched in negative territory and histogram expansion reflecting an accelerating bearish impulse. The inability to reclaim $74,420 and $78,640 confirms that rallies remain corrective rather than accumulative in nature.

BTCUSD Key Levels

Supply Levels: $85,010, $102,110
Demand Levels: $63,260, $53,500

BTCUSD Long-Term Trend: Bearish

Technically, the pair has transitioned from distribution to markdown after repeated rejections near $92,110 and the failed breakout attempt toward $102,110. The rejection around $96,000–$97,000 marked the exhaustion of bullish rotation, triggering impulsive downside expansion through layered support at $85,010 and $74,420. The recent displacement leg pierced liquidity below $66,780, printing a swing low near $63,270 before modest stabilization. Prior demand around $69,730 has now flipped into near-term supply, while the fair value gap region between roughly $78,600 and $80,000 remains an unmitigated overhead imbalance. Market structure presently reflects lower highs and lower lows, indicative of systematic distribution rather than consolidation.

Forward guidance favors continuation toward deeper liquidity pools unless $74,420 is reclaimed on a closing basis. Immediate downside exposure targets a retest of $63,270, with extension risk toward $60,000 psychological support and potentially $53,500 if macro pressure persists. Any corrective retracement into $74,420–$78,640 is likely to encounter renewed sell-side participation, preserving the prevailing bearish structure. Only sustained acceptance above $85,010 would materially neutralize the current downside thesis; absent that development, the path of least resistance remains to the downside.

BTCUSD Short-Term Trend: Bullish

On the four-hour chart, BTCUSD is attempting a constructive reversal after defending liquidity around $63,270 and reclaiming ground above $66,780. Price is stabilizing near $67,130, with short-term moving averages flattening and beginning to curl upward, signaling early momentum rotation that traders tracking crypto signals may interpret as emerging corrective strength.

A sustained push above $69,530 would expose $74,420 as the next structural resistance, confirming higher-low formation. If bullish pressure persists, price could extend toward the $80,000 imbalance zone, reinforcing short-term upside continuation.

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