Bitcoin Structure Weakens Below $72,000 Despite Tight Range

Bitcoin Structure Weakens Below $72,000 Despite Tight Range

Source: NewsBTC

Published:00:00 UTC

BTC Price:$66400

#BTC #Bearish #Crypto

Analysis

Price Impact

High

Bitcoin's weekly structure has broken to the downside, with $72,000-$74,000 now acting as strong resistance. a monthly close below $72,000 could confirm further downside, with a primary target of $50,000-$52,000.

Trustworthiness

High

The source adheres to a strict editorial policy emphasizing accuracy, relevance, and impartiality, with content created by industry experts and meticulously reviewed.

Price Direction

Bearish

Despite trading in a tight range, underlying structural weakness is evident. the loss of $72,000-$74,000 as support, now resistance, and an impulsive downside leg indicate seller momentum. the $50,000-$52,000 zone is a key downside target.

Time Effect

Long

The analysis focuses on weekly and monthly timeframes, highlighting a 'corrective phase' and the importance of the 'upcoming monthly close'. structural breakdowns typically imply longer-term trends rather than immediate, short-term fluctuations.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin continues to trade within a tight range, but beneath the surface, structural weakness is becoming increasingly evident. With price holding below the key $72,000 level, now acting as resistance , the broader technical outlook remains fragile, and any short-term consolidation may simply be masking underlying downside risk. Bitcoin Enters Clear Corrective Phase Bitcoin has entered a clear corrective phase after peaking in the $120,000–$125,000 region. Crypto analyst Alejandro₿TC notes that the weekly structure has broken to the downside, with the latest leg unfolding impulsively, a sign that momentum currently favors sellers rather than buyers. Related Reading Bitcoin Ready To Bounce Again? The Major Accumulation Trend You Should Be Aware Of 23 hours ago The key level to watch is the $72,000–$74,000 zone. Previously acting as strong support, this area has now been lost and flipped into resistance. As long as Bitcoin continues to close below this range on the weekly timeframe, any upward movement should be viewed as a corrective bounce rather than confirmation of a sustained reversal . Source: Chart from Alejandro₿TC on X On the downside, the $50,000–$52,000 region stands out as the primary magnet. This zone represents a significant weekly demand area and the base of the prior impulsive rally. If bearish pressure persists, it becomes the most logical target for a deeper retracement. The upcoming monthly close in 11 days could be decisive. A close below $72,000 would confirm the breakdown and increase the probability of further downside. Structurally, the market remains weak beneath that level, while a decisive reclaim above $74,000 would mark the first meaningful signal that strength is returning. Compression Intensifies Near $68,000 With volatility compressing as price trades within an increasingly narrow band, Bitcoin continues to coil tightly around the $67,000–$68,000 region. The lack of decisive movement in either direction suggests that the market is building energy for a larger expansion move. Related Reading Bitcoin Eyes Untapped Liquidity: $64,000 Support Could Be Next Target 4 days ago According to Columbus, liquidity continues to build above the $70,000 level, and notable bids remain layered between $64,000 and $66,000. With liquidity stacked on both sides, the market is effectively squeezed between opposing forces, waiting for a catalyst. The longer Bitcoin remains trapped inside this tightening structure, the more aggressive the eventual breakout tends to be. Compression phases like this typically end with strong displacement, as one side of the market is forced to unwind positions. From here, sustained acceptance above the $69,500–$70,000 area would likely open the door for momentum toward heavier liquidity zones overhead. On the other hand, failure to reclaim that threshold keeps downside probes into the mid-$60,000s firmly in play, especially if bids begin to thin out under pressure. The next decisive move will likely be driven by which side of liquidity gets targeted first. BTC trading at $68,014 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com