Bitcoin faces a key test at $ 87.5,5 because there is a bear market structure

After a sharp increase in late weekend, Bitcoin is now on technical crossroads. While the momentum lights hopes in the reversal of the trend, the basic structure tells the careful story – the one who should not ignore.

Bitcoin (Btc) It started a week with an impulsive move to upside down, breaking short-term consolidation and liquidity cleaning above the recent High. Although this interruption captured attention, the wider structure tells a different story. Despite the rally, Bitcoin failed to transfer the entire trend, which still reflects bear bias. A recent swing high at $ 88,465 falls only from piercing the previous high to $ 88,500 – a key level that defines the continuation of the dropping trend.

Key points

• The recent high high high than $ 88,465 remains below the previous lower high of $ 88,500, guarding the bear structure intact.
• The price has yet to show impulsive punching with a strong volume, which is necessary to confirm the structural shift.
• Goals below include 74,500 and $ 67,850 if the current market structure is still playing.

The inability to violate the previous lower high, even a small margin, confirms that the current market structure is still rough. The legitimate trend break would require Bitcoin to move above $ 88,500 with power, ideally supported by attacks in scope and momentum. Without this, this recent move is better seen as another lower within the existing trend, not the signal of the beech extension.

From a structural point of view, this pattern of lower high and lower lower lower ones are consistent in recent weeks. If at the level of level 88,465 USD is not started, opening the door to move liquidity to be rested on $ 74,500 – a level that has historically attracted demand, but in this context it may be vulnerable. Below that, the following significant support comes in $ 67,850, which would mark fresh low low and confirmed during the bear cycle.

For traders this call setting for caution. While moving upside down can seem strong in the lower time frames, he lacks confirmation of higher time structures of the frame. Unless Bitcoin can be suspended to be interrupted and held over 88,500 dollars, a safer bias remains a bear. Debts from current levels are more risky, unless they harmonize or support strong confirmation.

What to expect in the upcoming price of the store

If $ 88,500 remain unbroken, Bitcoin will probably trade lower at the sessions. Expect the liquidity to pass near $ 74,500, with a potential continuation of $ 67,850. The bear trend remains dominant until proven otherwise, and caution is advised to set a bull.