The post BTC Must Break This Level to Reverse the Bearish Trend appeared on BitcoinEthereumNews.com. Home » BTC ‘; } function loadTrinityPlayer(targetWrapper,The post BTC Must Break This Level to Reverse the Bearish Trend appeared on BitcoinEthereumNews.com. Home » BTC ‘; } function loadTrinityPlayer(targetWrapper,

BTC Must Break This Level to Reverse the Bearish Trend

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Home » BTC

‘;
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();


Summarize with AI


Summarize with AI

Bitcoin is struggling to regain its footing after a brutal correction from its October 2025 highs near $125K, with the price currently hovering around $71,100. The broader trend remains firmly bearish, and despite several attempts at recovery, BTC has yet to reclaim any major structural level that would shift the outlook in favor of the buyers.

Bitcoin Price Analysis: The Daily Chart

On the daily timeframe, BTC is trading inside a well-defined descending channel, with both the 100-day MA (~$80k) and 200-day MA (~$92k) sloping downward overhead. The $75k-$80k zone has flipped to resistance after acting as support for much of late 2025, and every recovery attempt since February has been rejected in that area.

Immediate support sits at the $60k-$62k band, which held during the sharp February wick. A breakdown below that level would bring the $50k zone into play, which is a scenario the RSI, now recovering from oversold territory near 20, is not yet pricing in. On the other hand, the buyers need a decisive close above $75K to start changing the daily structure, and pave the way for further upside above $80k.

BTC/USDT 4-Hour Chart

Zooming into the 4-hour chart, BTC has been forming a rising channel since late February, with the price compressing between the trendlines roughly bounded by $66k and $75k at the moment. The recent push toward the upper boundary was rejected, and the asset has since pulled back to the $68k zone. However, the market is now experiencing a significant bounce and is currently around $71k, sitting near the middle of the pattern.

The RSI on this timeframe is also recovering from the low-40s and ticking upward, which marginally favors buyers in the short term. However, the $74k-$76k resistance band remains the critical level to clear. A confirmed breakdown below the channel’s lower trendline near $66k would likely accelerate selling toward the daily support zone.

Sentiment Analysis

The Coinbase Premium Index tells a concerning story about US-based demand. Since the October peak, the index has been predominantly negative, flipping green only briefly and inconsistently. This is a sign that retail and institutional buyers on Coinbase are not driving price action. The most recent reading of -0.02 continues that trend.

What’s particularly notable is the contrast with mid-2025, when the premium stayed consistently positive throughout Bitcoin’s rally toward $125K. The current persistent negativity suggests US market participants remain on the sidelines or are actively distributing, which makes any sustained recovery harder to justify from a demand perspective. Therefore, the price would need to clear key resistance levels before US investors’ sentiment shifts bullish again.

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Source: https://cryptopotato.com/bitcoin-price-analysis-btc-must-break-this-level-to-reverse-the-bearish-trend/

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0,0003949
$0,0003949$0,0003949
+9,26%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pundit: Every XRP Holder Needs to Understand What’s Happening Right Now

Pundit: Every XRP Holder Needs to Understand What’s Happening Right Now

Rising geopolitical tension often exposes the hidden cracks in global finance, and few regions demonstrate this more clearly than the Strait of Hormuz. As a critical
Share
Timestabloid2026/03/24 04:05
US Dollar and Oil fall as Trump signals Iran de-escalation

US Dollar and Oil fall as Trump signals Iran de-escalation

The post US Dollar and Oil fall as Trump signals Iran de-escalation appeared on BitcoinEthereumNews.com. Here is what you need to know for Tuesday, March 24: The
Share
BitcoinEthereumNews2026/03/24 04:06
Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45