After hitting a new all-time high back in October 2025, the Bitcoin price has been in what appears to be a consistent downtrend, pushing it to new yearly lows. The first wave was triggered by sell-offs from large accounts, coinciding with the 10/10 crash. Since then, each recovery attempt has been met with more sell-offs, preventing the Bitcoin price from reclaiming $100,000. As sentiment continues to trend low, the chances of a meaningful recovery grow slimmer by the day.
Bitcoin Price Correction May Not Be Over
A crypto analyst on the TradingView website has highlighted where the Bitcoin price is and the next decision levels for the cryptocurrency. Right now, it continues to trend low, favoring the bears. Nevertheless, there is still the opportunity for the bulls to take over if momentum picks up.
The first major level that the Bitcoin price must reclaim lies at $90,000, which is now a stronghold for bears. As the crypto analyst explains, the digital asset would have to reclaim and hold this level for the price to bounce. In the case of a bounce, then the cryptocurrency is expected to maintain its bullish structure.
The bullish continuation would see the first major resistance being retested at $97,000. Once beaten, then the bulls could move on quickly to $100,000, a psychological level that could trigger the influx of investors back into the market.
However, with the Bitcoin price already falling below $90,000 over the weekend, it is more likely that the bearish part of the prediction will play out. As the post explains, failing to hold $90,000 is incredibly bearish for the price and would be the beginning of another decline.
Once the Bitcoin price begins to fall, there is not much holding it before it reaches the next major resistance at $78,000. This means it is likely that the Bitcoin price will fall by over 20% before eventually finding its footing above $78,000 and readying for another bounce. “This is the point where the next major direction gets decided,” the analyst said.
Featured image from Dall.E, chart from TradingView.com
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