BTC/USD - Technical Analysis & Market Sentiment

📉 Bearish Bias

✅ Break of Key Support Zone - BTC has lost previous daily support, turning it into resistance. (+2)
✅ Fair Value Gap (FVG) Resistance - Price rejected at FVG, signaling bearish continuation. (+2)
✅ Lower High (LH) Formation - Price struggling to push higher, forming a potential sell zone. (+1)
✅ 4HR Trendline Below Price - If broken, downside acceleration is likely. (+1)

🔻 Total Bearish Score: 6

📰 Sources:

Key Support Break & Momentum - XTB
FVG & Bearish Market Structure - IFC Markets

📈 Bullish Bias

✅ Potential Weekly Pullback - If BTC holds the recent low, a bullish recovery is possible. (+2)
✅ Fib Retracement Levels Holding - Price reacting at 0.382 (86,347) and could target 0.618 (91,404). (+2)
✅ Strong Demand Around $78,000 - Historically a high liquidity zone. (+1)

🔹 Total Bullish Score: 5

📰 Sources:

Bitcoin Support Zones & Demand - RoboForex
Fibonacci & Pullback Levels - Bloomberg

📊 Sentiment & Market Factors

📉 BTC ETF Outflows (- Bearish) - Institutional exits causing selling pressure. Sources
📈 Bitcoin Halving Approaching (+ Bullish) - Potential demand increase ahead of halving event. Source
📉 Macro Risk-Off Sentiment (- Bearish) - Global markets shifting away from risk assets. Source

📌 Final Bias: Slightly Bearish (Score: 6 vs 5)