Bitcoin price prediction: More weakness ahead? BTC slips below key resistance

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Bitcoin slides 2.27% today on pressure

Highlights

Institutional demand for Bitcoin stays strong as spot Bitcoin ETFs attract steady inflows and exchange balances drop to multi-month lows, indicating long-term accumulation.
The U.S. Office of the Comptroller of the Currency now permits banks to act as intermediaries in crypto transactions, supporting broader cryptocurrency adoption.
Vanguard and other asset managers have started offering spot Bitcoin ETF trading, while on-chain indicators show realized losses at a critical threshold, signaling market caution and need for liquidity.

Long-term accumulation rises as institutional flows offset caution

Institutional demand remains a major driver for Bitcoin, as spot Bitcoin ETFs continue to attract steady inflows and exchange balances have dropped to multi-month lows, indicating accumulation by long-term holders. The U.S. Office of the Comptroller of the Currency has authorized banks to act as intermediaries in crypto transactions, supporting broader adoption. Vanguard and other major asset managers have started offering spot Bitcoin ETF trading to clients, while Bitcoin miners have become key accumulators. On-chain indicators show realized losses have reached a critical threshold, reflecting prevailing market caution and the need for additional liquidity.

Bearish momentum sustained as sell signals dominate technicals

Momentum remains bearish, with MACD on both daily and weekly indicating strong sell signals and ADX D1 showing ongoing downside strength. Neither RSI (44.72) nor CCI (27.64) signal oversold conditions on D1, while Stochastic RSI is in strong sell territory and BBP highlights persistent seller dominance. The session opened down with no significant gap and is holding near the lower end of today’s range after slipping 2.27%, with volatility described as moderate and intraday tone reflecting ongoing pressure after the open. The awesome oscillator is neutral, with overall momentum and oscillators confirming the prevailing downward move.

High downside risk as consolidation set within support boundaries

For the next five trading days, the expected price range for Bitcoin is $86,000 to $92,000, which reflects typical volatility relative to the current level. The probability of a further price decrease is very high (more than 80%), while a significant upward move is much less likely. The baseline scenario projects Bitcoin consolidating sideways between the stated bounds, with a bullish case requiring a sustained breakout above the MA-50 toward $92,500–$94,000. If Bitcoin breaks below the Ichimoku support near $88,300, losses could accelerate toward $86,000.

Anton Kharitonov, expert at Traders Union, sees Bitcoin displaying persistent technical weakness despite some institutional support and regulatory progress. The prevailing trend is bearish, with strong sell signals confirmed by momentum indicators. The analyst remains defensive as downside risk outweighs upside potential while price stays below the MA-50. "My base case is continued sideways or lower trading — unless Bitcoin reclaims key resistance, I remain on the sidelines."

Last time, analysts noted heightened skepticism regarding Bitcoin's long-term stability, as Vanguard leadership compared the asset’s speculative nature to a collectible toy and cited its volatility as a key risk factor. Amid limited acknowledgment of Bitcoin's utility during economic crises, Vanguard maintained that the cryptocurrency’s price pattern — including a lack of reliable compounding or sustainable growth signals — remains a concern highlighted in statements at the Bloomberg ETFs in Depth conference.

Source of Data: BTC Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.