Bitcoin bearish market Structure with Potential Relief Rally

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Bitcoin bearish market Structure with Potential Relief RallyBitcoin / TetherUSBINANCE:BTCUSDTMR_GOLD_12Bitcoin remains trapped inside a broader distribution range after failing to sustain momentum above the 66,000 resistance zone. The rejection from the recent swing high confirms that sellers are still controlling the higher-timeframe trend, while weakening bullish momentum suggests the market is preparing for another impulsive move lower. From a technical perspective, BTC is now trading below the mid-range resistance after breaking its short-term bullish structure. The current rebound appears to be a corrective liquidity grab rather than the beginning of a new uptrend. As long as price remains below the 65,500–66,000 resistance area, the overall bearish outlook remains valid. Resistance Levels: 65,000 – 65,800 – 66,200 Support Levels: 64,000 – 62,020 – 60,525 The most likely scenario is a short-term recovery into the resistance zone to sweep buy-side liquidity before sellers attempt another bearish leg. A rejection from this area could accelerate downside momentum toward 62,020, with 60,525 acting as the next major support and liquidity target. Traders should closely monitor price action around the resistance zone. A confirmed bearish rejection would strengthen the probability of continuation toward lower support levels, while a sustained breakout above 66,000 would invalidate the current bearish scenario and shift market sentiment in favor of buyers. Hope you found this analysis helpful. 👍 Like, Comment & Follow for more updates. Trade safe.