Bitcoin is showing increasing signs of weakness as bearish pressure continues 
building below a critical technical level. With key support zones now under 
threat and reversal patterns beginning to take shape, BTC could be entering a 
decisive pullback phase that may determine the market’s next major direction. 
Buyers Continue Losing Momentum As Decline Deepens Crypto analyst Kamile Uray 
stated that Bitcoin buyers continue to appear weak as the market faces another 
wave of downside pressure. The analyst explained that if BTC breaks below the 
key bottom at $74,929, it could confirm the completion of the final shoulder 
in a developing OBO structure while remaining under the previous low near 
$76,044. Related Reading: Bitcoin Upper Trendline Resistance Is Holding Price 
Back, Can It Push It Below $60,000? Analyst Answers Unless Bitcoin can achieve 
a decisive 4-hour candle close above $78,213, the bearish trend is likely to 
continue. A sustained breakdown below $74,929 could open the door for a deeper 
decline toward the $71,000–$68,000 region, which has been identified as a 
major Fibonacci support zone. Kamile Uray further explained that if stronger 
buying momentum eventually emerges from those lower levels, Bitcoin could 
attempt another recovery rally. During any upside move, the market would need 
to overcome resistance around $98,000, followed by the larger resistance 
region between $107,000 and $109,000. However, if Bitcoin struggles to 
maintain strength above the recent peak near $126,199, the risk of another 
major corrective phase would remain active. In the case of a much deeper 
decline, Kamile Uray emphasized that the $60,000 level stands out as a 
critical long-term support area that could play a major role in future market 
direction. Bitcoin Bullish Reversal Structure Begins Turning Bearish Another 
crypto analyst Merry__PT has noted that Bitcoin’s recent price action is 
undergoing a significant structural shift. While the market initially formed a 
recognizable W bottom, a classic signal of a bullish reversal, this structure 
is now evolving into a Head and Shoulders top, which is historically viewed as 
a symbol of a bearish reversal. Related Reading: Bitcoin Uptrend Remains Alive 
Despite Bearish Pressure Below $78,800 The most critical technical element to 
monitor moving forward is the blue horizontal base neckline. This support zone 
is acting as the foundation for both the current structure and the potential 
for a larger trend shift. Once this neckline is clearly defined and widely 
acknowledged by market participants, the Head and Shoulders formation will 
gain significant validity. If the price confirms a breach below this level, 
the pattern is likely to transition from a mere technical observation into a 
genuine catalyst for a sustained pullback. Beyond this structural pivot, the 
upcoming monthly candle close is key, acting as a pivotal axis for gauging 
future sentiment and market direction. Featured image from Getty Images, chart 
from Tradingview.com

Bitcoin is showing increasing signs of weakness as bearish pressure continues building below a critical technical level. With key support zones now under threat and reversal patterns beginning to take shape, BTC could be entering a decisive pullback phase that may determine the market’s next major direction. Buyers Continue Losing Momentum As Decline Deepens Crypto &#8230;

Bitcoin Could Be Entering Critical Pullback Phase Below This Level

Global rate hikes could stifle economic growth, exacerbate stagflation risks, 
and strain emerging markets amid persistent inflation pressures.
The post HSBC forecasts central banks to raise rates amid supply shocks from 
US-Iran conflict appeared first on Crypto Briefing.

Global rate hikes could stifle economic growth, exacerbate stagflation risks, and strain emerging markets amid persistent inflation pressures. The post HSBC forecasts central banks to raise rates amid supply shocks from US-Iran conflict appeared first on Crypto Briefing.

HSBC forecasts central banks to raise rates amid supply shocks from US-Iran conflict

The complex diplomatic maneuvers could destabilize regional alliances and 
impact global markets, highlighting the intricate geopolitics involved.
The post Trump engages Gulf countries and Netanyahu amid Iran counter-proposal 
talks appeared first on Crypto Briefing.

The complex diplomatic maneuvers could destabilize regional alliances and impact global markets, highlighting the intricate geopolitics involved. The post Trump engages Gulf countries and Netanyahu amid Iran counter-proposal talks appeared first on Crypto Briefing.

Trump engages Gulf countries and Netanyahu amid Iran counter-proposal talks

The surge in tech debt and credit derivatives trading may strain credit 
markets, highlighting potential risks and investor competition.
The post Wall Street banks trade more credit derivatives amid big tech debt 
surge appeared first on Crypto Briefing.

The surge in tech debt and credit derivatives trading may strain credit markets, highlighting potential risks and investor competition. The post Wall Street banks trade more credit derivatives amid big tech debt surge appeared first on Crypto Briefing.

Wall Street banks trade more credit derivatives amid big tech debt surge

The draft peace deal could enhance US-Iran relations, potentially stabilizing 
the Middle East and influencing global diplomatic dynamics.
The post US and Iran expected to announce draft peace deal within 24 hours 
appeared first on Crypto Briefing.

The draft peace deal could enhance US-Iran relations, potentially stabilizing the Middle East and influencing global diplomatic dynamics. The post US and Iran expected to announce draft peace deal within 24 hours appeared first on Crypto Briefing.

US and Iran expected to announce draft peace deal within 24 hours

The proposal could ease geopolitical tensions, stabilize oil markets, and 
enhance regional security, impacting global economic dynamics.
The post Iran, Pakistan propose deal to US to open Strait of Hormuz: Reuters 
appeared first on Crypto Briefing.

The proposal could ease geopolitical tensions, stabilize oil markets, and enhance regional security, impacting global economic dynamics. The post Iran, Pakistan propose deal to US to open Strait of Hormuz: Reuters appeared first on Crypto Briefing.

Bitcoin Could Be Entering Critical Pullback Phase Below This Level

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