Bitcoin Price Analysis: Is BTC’s Momentum Leaning Bearish After the Crash?

Bitcoin failed to continue its rally and discover new all-time highs above $126,000, leading to a sharp correction that has unsettled the ￰0￱ are showing signs of fear as the recent drop invalidated the breakout momentum that many expected to extend the bull run, and the market might be on the verge of a bearish ￰1￱ Shayan The Daily Chart On the daily timeframe, BTC failed to continue beyond $126K and has fallen sharply to the $100K area, before rebounding ￰2￱ rejection from the ATH zone, combined with the breakdown below the 100-day moving average, signals a loss of bullish ￰3￱ next major support sits around the $100K range, which also aligns with the trendline support and the 200-day moving ￰4￱ RSI near 41 suggests that while the market is cooling off, there’s still room for further downside if buyers don’t step in ￰5￱ 4-Hour Chart The 4-hour chart shows that BTC found temporary support around the $110K zone after the intense ￰6￱ area previously served as an accumulation zone before the last leg up, making it a critical short-term ￰7￱ RSI remains weak around 32, showing limited strength from ￰8￱ resistance lies around $117K, where previous support flipped into resistance.

A rejection from this zone could trigger another leg down, possibly toward the $105k region, which aligns with the lower boundary of the large ascending channel. A breakdown of this channel would likely end the bull market, and Bitcoin would enter a long-term downtrend alongside the whole crypto ￰9￱ Analysis Long Liquidations (7-day MA) The liquidation chart highlights a massive spike in long liquidations, the largest one ever, coinciding with Bitcoin’s failure to set a new ￰10￱ cascade has forced overleveraged traders out of the market and significantly reduced open interest. Historically, such liquidation flushes often mark short-term bottoms, but given the fragile sentiment, investors remain hesitant to re-enter ￰11￱ market’s fear-driven tone suggests that while a relief bounce is possible, confidence in the uptrend has clearly ￰12￱ could be the beginning of the end for this cycle’s bullish market, especially if the price closes below $100K.