Bitcoin (BTC) Price Prediction: Bears Maintain Control as Price Pushes Below $100,000

Bitcoin is currently trading around the $97,000 mark and continues to show weakness in the short term. As highlighted in our previous analysis, BTC has been moving within a broader downtrend and has failed to build meaningful momentum for nearly a month. The price has produced a few minor attempts to push higher, but sellers have held their ground and the overall structure still leans bearish. Bitcoin now sits below a crucial support level and that break increases the likelihood of the deeper correction we have been tracking. Let’s take a look at the latest Bitcoin charts to see where price action might be headed in the coming days.

• Bitcoin struggles below $100,000, signaling continued short-term weakness.
• Daily and weekly charts confirm a downtrend with active bearish divergence.
• Next key support sits around $92,000, keeping further downside on the table.

If we look at the latest 4-hour charts for BTC we can see that the price attempted to reclaim the $106,000 level as support, but after a period of sideways movement and repeated rejection it rolled over once again. This drop pushed BTC back below the $100,000 level and the chart has now confirmed a clean break of that support on the 4-hour timeframe. With that level lost the short-term bias leans lower and further downside remains likely.

Shifting to the 1-day timeframe, the picture remains largely the same. Bitcoin has been moving in a clear downtrend over the past month, consistently forming lower highs and breaking through key support levels. The daily candle is currently trading below the $100,000 support, and if it remains there by the close, further downside for BTC is likely over the coming week. The next area of support where bulls may attempt to regain control sits around the $92,000 level. The overall market sentiment is also currently learning bearish with Bitcoin dominance remaining neutral.

Lastly, the bearish divergence on the 1-week timeframe is still in play. This bearish divergence has been a key reason for our bearish outlook on BTC over the past few weeks. The price has now fallen below the $100,000 level, exactly as we expected when this divergence first appeared. It remains active and has not yet fully played out, which means the potential for further correction is still high. This is also why our Bitcoin price prediction continues to lean on the bearish side.

Overall Bitcoin is still showing weakness across multiple timeframes. The short term remains bearish as BTC struggles below key support levels, while the daily and weekly charts confirm the downtrend with lower highs and active bearish divergence. If the price stays below $100,000, further correction toward the next support around $92,000 is likely. Overall, the indicators point to continued downside pressure in the near term, and traders should watch these critical levels closely for signs of a potential reversal or further decline.