Bitcoin News

Story: Bitcoin Still Showing Sell Signals as Analysts Debate Whether Another Drop

By Julie Binoche

1 / 15

Weekly Chart Shifts to a Sell Signal. Technical analysts are pointing toward a key development in the weekly timeframe: the appearance…

2 / 15

Momentum Flips Negative as Sellers Dominate. Momentum readings also confirm the technical shift. The Chande Momentum Oscillator (9-period) has…

3 / 15

Short-Term Rally Still Possible. Even though the broader weekly structure points toward caution, not every chart is bearish.

4 / 15

Market Psychology Plays a Critical Role. Traders remain divided on the path ahead:

5 / 15

Is Bitcoin Closer to a Bottom or a Deeper Drop?. There are convincing arguments on both sides.

6 / 15

Final Outlook. Bitcoin’s current structure reflects a battle between weakening momentum and gradual bottom…

7 / 15

Bitcoin is fighting to recover after one of its most difficult trading weeks in recent months, yet market signals continue to point toward caution.

8 / 15

Over the past week, Bitcoin has lost 8.7%, falling from near $95,000 to roughly $80,000 before bouncing slightly.

9 / 15

Even with this weakness, Bitcoin’s market cap stands around $1.73 trillion, rising modestly by 1.31% in the last 24 hours, showing that some dip buying is taking place.

10 / 15

Technical analysts are pointing toward a key development in the weekly timeframe: the appearance of a sell signal on the Supertrend indicator.

11 / 15

This transition usually suggests that the bullish control seen throughout 2024 and early 2025 has weakened on the high timeframe.

12 / 15

Historically, when Bitcoin trades far below the Supertrend line, a recovery toward overhead resistance takes time.

13 / 15

Momentum indicators in this zone do not guarantee another sharp decline, but they illustrate that buyers have not yet regained meaningful control.

14 / 15

Even though the broader weekly structure points toward caution, not every chart is bearish. On the lower timeframe, Bitcoin is trading below a downward-sloping resistance…

15 / 15

One market strategist, known as Captain Faibik, believes that if buyers take control and push Bitcoin above this resistance line, the cryptocurrency could rally between 10% and…

The Currency Analytics

Want the full story?