Bitcoin is once again under pressure, trading below crucial demand levels as bearish momentum builds. After a brief period of optimism and a minor upswing, selling pressure has returned, dragging BTC lower and raising concerns about a deeper correction. The shift in sentiment comes as broader financial markets remain fragile, with ongoing macroeconomic instability and geopolitical uncertainty continuing to shake investor confidence.
Despite attempts to reclaim higher ground, Bitcoin has failed to hold key levels, and momentum now favors the bears. Traders and analysts are closely watching the next resistance zones, which will likely determine the short-term direction of the market.
According to on-chain data from CryptoQuant, Bitcoin now faces three significant resistance levels. The first sits at $89,000, representing the realized price for short-term holders in the 3–6-month range. The second key level is $90,000, the overall realized price for all short-term holders. Finally, the $95,000 level marks the 111-day Simple Moving Average (SMA), which has historically acted as a strong barrier during trending markets.
Bitcoin Bulls Try To Reclaim Crucial Resistance
Bitcoin is now down more than 22% from its all-time high, and current price action suggests the decline may not be over. After a brief period of consolidation and minor rallies, BTC has continued to weaken, struggling to find strong demand at key support levels. Bulls are under pressure to step in and defend current prices before the downtrend deepens further. Without a strong recovery push, the broader trend may continue to tilt in favor of the bears.
The broader macroeconomic environment remains highly unstable, with fears of a trade war and rising global tensions rattling financial markets. Risk assets, including cryptocurrencies, have been particularly vulnerable. As investors seek safety, capital continues to flow out of high-volatility assets like Bitcoin, compounding the recent sell-off.
Top analyst Axel Adler recently shared important technical insights on X, highlighting the resistance levels that Bitcoin must overcome to regain momentum. According to Adler, Bitcoin currently faces three critical resistance points: $89,000, representing the 3–6-month Short-Term Holders’ Realized Price; $90,000, the overall Realized Price for all Short-Term Holders; and $95,000, which aligns with the 111-day Simple Moving Average (SMA). These levels now act as major barriers to any bullish recovery.
A successful breakout above these resistance zones would likely confirm strength in the current bullish trend and signal a potential reversal. However, until these levels are reclaimed, Bitcoin remains vulnerable. The coming days will be crucial as bulls attempt to regain control and restore confidence across the crypto market. If they fail, deeper losses could follow — pushing BTC further away from its recent highs.
BTC Holds $85K: Technical Levels To Watch
Bitcoin is trading at $85,000 after losing a key support zone around $85,500, where both the 200-day moving average (MA) and 200-day exponential moving average (EMA) previously aligned. This breakdown has weakened the broader market structure and placed BTC in a vulnerable position as bearish momentum starts to build. For now, bulls must hold the $85,000 level to avoid a deeper retrace and maintain a chance at recovery.
If buyers can defend this level and reclaim control, the next critical target is $90,000 — a resistance zone that remains essential for confirming a new bullish phase. A decisive push above $90K would signal renewed strength and potentially restore confidence across the market.
However, if Bitcoin fails to hold $85K, selling pressure is likely to accelerate, with the next key support sitting near the $81,000 level. A drop below that threshold could trigger a more significant correction and deepen bearish sentiment. As price consolidates near a critical technical zone, the coming days will be crucial for determining short-term direction. Bulls must act quickly to prevent further downside and reclaim momentum before bears tighten their grip on the market.
Featured image from Dall-E, chart from TradingView
