Bitcoin (BTC) Price Prediction: Bears Dominate as BTC Closes Below 50-Week EMA

Bitcoin is trading around $95,000 and continues to drift lower on the lower timeframes. As mentioned in the previous analysis, the break below the $100,000 support opened the door for a deeper correction and price has been following that path. This move was expected for some time and now that it has played out bears remain in control. Bulls have not shown any meaningful signs of strength and short-term momentum still looks weak across the chart. With the market leaning this way, let’s take a look at the latest Bitcoin charts and see what the next few days could look like.

Our Bitcoin Price Prediction Summary

• Bitcoin broke below $100,000 and remains in a clear downtrend, with $92,000 as the next key support.
• Daily and weekly charts show persistent bearish signals, including a downward channel and weekly divergence.
• Price below the 50-week EMA indicates broader trend weakness, keeping bears in control until momentum shifts.

Analyzing the Charts

$100K Break Signals Deeper Correction

Looking at the latest 1-day chart, Bitcoin clearly broke below the key $100,000 support with conviction and is now moving toward the next expected support around $92,000. The $100,000 level had held as strong support multiple times over the past few months, after the rallies in April and May. Breaking below it now signals that a deeper correction could be underway, and traders should watch the $92,000 area closely for potential reaction.

Daily Channel Suggests Bearish Momentum

The 1-day chart also shows that Bitcoin remains in a clear downtrend, forming lower highs and lower lows. Price is now moving within a downward channel, and bulls will need a strong breakout above it to show any real strength. A retest of the $100,000 level is possible in the coming days, but a rejection there seems likely as the downtrend remains intact. If that happens, bears could target a push below the next support at $92,000.

BTC Closes Below 50-Week EMA

Switching to the 1-week timeframe, the bearish signals become much clearer. The bearish divergence we highlighted over the past few weeks appears to be playing out, and Bitcoin is now moving deeper into correction. This downtrend is likely to continue until the divergence is invalidated. On top of that, a weekly candle has closed below the 50-week EMA, which is significant because this level has acted as strong support throughout the cycle. With price now trading below it, another close below the 50-week EMA next week could signal a deeper bear market for Bitcoin. This is why our current Bitcoin price prediction is still leaning bearish.

Final Takeaway: What is Next for Bitcoin?

Bitcoin is showing weakness across both short and long-term timeframes. The break below $100,000, the downward channel on the daily chart, and the bearish signals on the weekly chart all point to continued downside risk. Short term, the $92,000 support is the key area to watch, while a retest of $100,000 could offer resistance if bulls attempt a recovery. The weekly bearish divergence and the close below the 50-week EMA suggest that the broader trend remains under pressure, and bears are likely to stay in control until these levels and signals shift.