Bitcoin (BTC) continues to struggle below the $85K mark after weeks of volatility and fear dominating the market. Trade war concerns and macroeconomic uncertainty have put strong pressure on both the crypto and U.S. stock markets, leading to widespread risk-off sentiment.
Despite strong fundamentals, including growing adoption and increasing utility, Bitcoin has failed to reclaim key resistance levels, keeping investors uncertain about the short-term outlook. However, a shift in market dynamics may be emerging.
CryptoQuant data reveals that since February 26, the volume of bearish taker orders on exchanges has been decreasing. This suggests that bears may be losing strength, potentially signaling a slowdown in selling pressure. If this trend continues, Bitcoin could start a recovery phase, allowing bulls to regain control and push BTC back above critical resistance levels.
To confirm a reversal, Bitcoin must reclaim $85K and break above $90K to shift sentiment toward a bullish structure. If selling pressure remains weak, BTC could be poised for a strong recovery in the coming weeks.
Bitcoin Prepares For A Shift
Bitcoin (BTC) continues to face strong selling pressure as it struggles to reclaim the $90K level, a key price point that could determine the next major move for the market. Trading at its lowest levels since late 2024, Bitcoin’s negative outlook has fueled speculation that this cycle may not bring the explosive rally many had expected.
Investors had high hopes for Bitcoin in 2025, anticipating a rapid surge to new all-time highs. However, macroeconomic instability, trade war fears, and an overall risk-off sentiment have weighed heavily on the crypto and stock markets. Bitcoin is now down nearly 20% since the start of the month, with the bearish trend still in play.
Despite this negative price action, some analysts believe a reversal may be approaching. Top analyst Axel Adler shared insights on X, revealing that since February 26, the volume of bearish taker orders on exchanges has been decreasing. The number of traders looking to short BTC has dropped significantly, suggesting that bears may be losing momentum.
If Bitcoin can hold above key support levels and capitalize on this shift in market sentiment, a recovery could begin. However, BTC must reclaim $90K to confirm a bullish reversal and regain investor confidence.
BTC Bulls Fight to Reclaim Key Levels
Bitcoin is trading at $83,500, struggling to push above the $85K resistance after days of consolidation. Bulls must regain momentum soon, or further downside risks will increase.
The key level to reclaim for a potential recovery is $89K, which is aligned with the 200-day moving average (MA). If BTC manages to break above this level, it could trigger renewed buying pressure, helping the price move back toward $90K and beyond. However, failing to reclaim this zone in the coming trading sessions would likely lead to a deeper correction.
If Bitcoin struggles to sustain momentum, a drop below the $80K mark could become a reality. Losing this level would bring even stronger selling pressure, potentially pushing BTC toward lower demand zones around $75K-$78K.
The next few days will be crucial in determining Bitcoin’s short-term trajectory, with $85K and $89K acting as the key resistance levels that bulls must reclaim to avoid a deeper decline.
Featured image from Dall-E, chart from TradingView
