- Bitcoin remains below $80,653.63 as repeated rejections confirm strong resistance and reinforce the ongoing bearish trend structure.
- Lower highs and sustained seller control since March 2025 indicate intensifying downside momentum and limited bullish engagement.
- The failure to reclaim multi-month support underscores persistent market weakness with increased risk of further declines.
According to analyst Rekt Capital, Bitcoin’s decline below a multi-month support level indicates a change in the mood of the market. A bearish pattern is confirmed by the latest weekly finish, which strengthens the downward pressure. BTC/USD remains below $80,653.63, marking a key technical breakdown. The failed reclaim attempts indicate growing selling control, with resistance at this level strengthening.
Bitcoin Faces Strong Resistance at $80,653
The recent weekly candle closed below $80,653.63, turning previous support into resistance. Moreover, a descending trendline reinforces this barrier. Since March 2025, Bitcoin has failed to break above this level, leading to consistent lower highs. Sellers continue dominating the market, causing extended declines. Each attempt to reclaim lost ground faces sharp rejections, reflecting weak buying pressure.
Besides, the bearish trend remains intact, with Bitcoin forming lower lows. The ongoing downside momentum suggests increasing investor caution. The market now eyes further retracements unless a breakout above resistance occurs. However, the recent rejection indicates Bitcoin’s struggle to reverse the downtrend.
Downtrend Gains Strength as Sellers Dominate
Since peaking near $110,000 in early 2025, Bitcoin has experienced a consistent pullback. Weekly red candles outweigh green ones, confirming extended sell pressure. The longer bearish candlesticks highlight aggressive selling activity, diminishing hopes of a recovery. Moreover, the descending trendline continues to pressure price action downward.
Additionally, the inability of Bitcoin to recover from damaged support points to a structural flaw. The market is still below a significant multi-month threshold, which feeds the bearish trend. As a result, traders expect more drops unless Bitcoin regains resistance. The recent price wick shows temporary rejection; however, the close remained well below resistance, signaling weak buyer confidence.
The sustained lower highs indicate a strengthening bearish grip. Without a decisive move above resistance, Bitcoin risks further losses. The downtrend could extend towards lower support zones, increasing short-term volatility.
Market Outlook: Can Bitcoin Rebound?
Bitcoin’s technical structure suggests continued struggles against resistance. Momentum remains in favor of sellers, with downward pressure persisting. Buyers must reclaim $80,653.63 to reverse bearish sentiment. Without a breakout, BTC/USD may continue its decline, testing lower support levels.
However, reclaiming lost ground could shift momentum, encouraging renewed bullish activity. In the meantime, Bitcoin continues to be stuck in a bearish market structure due to opposition. The next direction of Bitcoin’s price movement will be determined in the next weeks.
