Bitcoin (BTC) Price Prediction: Resistance Holds, Downtrend Remains Intact

Bitcoin is currently trading around the $87,000 mark and continues to move sideways on lower timeframes. The move aligns with the outlook shared in our previous analysis where price retested the $92,500 resistance and met clear rejection which stalled Bitcoin’s short term momentum. The price is now trading just above the $85,000 support and has essentially been moving sideways for the past few days as buyers and sellers are trying to gain control. Overall, the broader trend remains bearish so lower levels still remain in play, and a deeper correction could unfold in the coming months. With that in mind, let’s take a look at the latest Bitcoin charts to see where the price could be headed in coming days.

Our Bitcoin Price Prediction Summary

• Bitcoin faces strong resistance at $92,500 while holding support near $85,000, keeping short term movement sideways.
• Bears remain in control with weekly bearish divergence and price below the 50-week EMA signaling broader downtrend.
• A break below $85,000 could push price toward $80,000, while a retest of $92,500 is possible if bulls regain momentum.

Analyzing the Charts

Price Consolidation Near Key Support and Resistance

If we look at the latest 4-hour charts for Bitcoin, we can see that the price did bounce from the $85,000 support and has been holding within the same range for the past week. The price also faced strong rejection at the $92,500 resistance quite recently and it now looks like buyers are trying to build enough strength to retest that level again. It is important that bulls keep momentum because another short sell off on lower timeframes could send price back toward the $85,000 support and repeated pressure on that floor increases the chance of a break below it.

Daily Chart Shows Rejection at $92,500 and Bearish Pressure

Switching to the 1-day timeframe makes the current structure easier to understand. Price rejected the $92,500 resistance with clear strength after getting a brief lift from an oversold RSI reading. That relief did not last long, and Bitcoin now appears to be falling back in line with the broader downtrend. A move back toward the $92,500 area is still possible because price often drifts sideways before choosing direction. Even so, bearish pressure remains strong, and a deeper pullback could push the price below $85,000. If that happens the next key support sits at around $80,000. This level has held well in previous corrections and will likely act as an important psychological zone for buyers.

Sustained Weakness Visible in Long Term Structure

Lastly, looking at the 1-week timeframe shows that the bearish divergence we have been tracking for weeks is still active. There are no clear signs of this divergence fading or getting invalidated. Price also continues to trade below the 50-week EMA which usually appears during broader downtrends and often signals sustained weakness. This structure supports our overall Bitcoin price prediction which remains bearish for now.

Final Takeaway: What is Next for Bitcoin?

In conclusion, Bitcoin continues to face resistance at $92,500 while holding support around $85,000. Short term charts show sideways movement with buyers struggling to gain momentum, while daily and weekly indicators point to persistent bearish pressure. Bears remain in control, and a break below $85,000 could open the door to $80,000 as the next key support. At the same time, a strong retest of $92,500 remains possible if buyers regain strength, but overall momentum still suggests caution. Current RSI levels, price action, and the weekly bearish divergence all signal that the broader downtrend is still in play. Traders should watch these key levels closely and be prepared for continued volatility in the coming days and weeks.