Bitcoin remains under bearish pressure after failing to sustain momentum above the critical $80K-$82K resistance region. However, recent price action suggests buyers are attempting to defend the important $75K support zone, increasing the probability of a short-term corrective rebound before the broader downtrend resumes.
While the market structure still favors sellers, the current positioning near key support and liquidity clusters could trigger a temporary bullish correction in the coming sessions.
On the daily timeframe, BTC has entered a corrective phase after being rejected from the major supply zone around $82K-$84K, which also aligned with the upper boundary of the ascending channel. The rejection accelerated selling pressure and pushed the asset toward the important demand area at $75K-$76K.
Recently, the price swept below the $75K support region before quickly recovering, suggesting active buyer interest and potential liquidity collection beneath local lows. This recovery has led to a modest bullish reaction, with BTC currently attempting to stabilize above the $76K area.
Despite this rebound, the broader structure remains cautious. Bitcoin is still trading beneath previous support turned resistance, and as long as Bitcoin remains below the $80K-$82K region, any upside movement may simply represent a corrective pullback within a larger bearish retracement.
The first upside target for a relief rally sits around $78K-$80K, while stronger resistance remains at $82K-$84K. Failure to reclaim these levels could increase the probability of another bearish leg toward the next major daily demand zone around $70K-$71K. A deeper breakdown may eventually expose the lower support area near $65K-$66K.
The 4-hour chart highlights a clearer short-term recovery attempt. After reaching the $75K-$76K order block, Bitcoin generated a sharp bounce and is now consolidating around $76K-$77K.
This reaction indicates that buyers are defending the local support area, potentially setting the stage for a corrective move higher. If momentum persists, the first pullback target lies near the $78K-$79K range, followed by the more significant resistance zone around $80K-$82K.
However, the broader lower-high formation remains intact, and recent price action still reflects weakening bullish momentum compared to earlier recovery phases. As a result, the current rebound could evolve into a classic bearish continuation setup, where price revisits resistance before initiating another decline.
For bulls to regain control, Bitcoin would need to reclaim the $80K-$82K region convincingly. Otherwise, the current move is more likely to be interpreted as temporary relief rather than a trend reversal.
The liquidation heatmap provides additional context supporting the corrective-bounce scenario. A notable concentration of short liquidations has accumulated above the current price, particularly within the $80K-$85K region.
Markets often gravitate toward nearby liquidity pools before resuming the prevailing trend. Therefore, Bitcoin may first move higher to absorb these leveraged short positions, potentially fueling a squeeze toward the $80K-$82K resistance area.
At the same time, substantial liquidity clusters remain below price around the $60K-$63K region, indicating that downside targets continue to exist if bearish momentum returns after the correction.
This creates a two-step scenario: an initial bullish retracement driven by liquidation hunting toward $80K-$82K, followed by renewed selling pressure and another bearish leg toward lower support levels. The interaction between price and these liquidity zones will likely determine Bitcoin’s next major move.
Prefer CryptoPotato on Google News – Never miss a breaking move
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Blockchain researcher William Mougayar defended the Ethereum Foundation after months of criticism over ETH sales,…
Data from Santiment shows new wallet creation rising even as prices slump, hinting network…
Recently, the biggest trend in kitchen gadgets has been “hands-free” and AI-powered devices that act…
Key TakeawaysCoinbase CEO Brian Armstrong highlighted 8 financial gaps spanning assets, markets, payments, AI, regulation,…
After exploring fundraising and acquisition options, the teams concluded that no sustainable recovery path…
TL;DR: Get lifetime access to Babbel through this exclusive StackSocial offer for $159 with promo…