Bitcoin Slides Into Danger Zone, But A RSI Divergence Hints At A Turnaround
Bitcoin has slipped into a critical danger zone as support levels continue to give way, putting the market on edge. Amid this decisive breakdown, the RSI is quietly flashing a bullish divergence, a subtle but meaningful...
Bitcoin has slipped into a critical danger zone as support levels continue to give way, putting the market on edge. Amid this decisive breakdown, the RSI is quietly flashing a bullish divergence, a subtle but meaningful early signal that momentum may be preparing to shift. The charts now paint a tense picture: bearish pressure remains dominant, but the first signs of a potential turnaround have appeared.
Support Levels Crumble As Bitcoin Extends Its DowntrendAccording to an update shared by Crypto Candy on X, Bitcoin continues to break through support levels with little hesitation. The price held the $93,000–$95,000 zone for a brief period, but eventually failed to maintain that structure, triggering another move to the downside. The speed of each breakdown highlights how fragile market sentiment currently is.
With the most recent support now lost, Bitcoin has slipped to lower levels and remains under bearish pressure. If this momentum persists, Crypto Candy noted that the next area of interest lies between $86,000 and $87,500, a major support where buyers may attempt to slow or halt the decline.
Should Bitcoin manage to hold within this $86,000–$87,500 range, a short-term reversal becomes possible. Even a modest bounce could provide temporary relief to the broader downtrend. However, such a reaction would still require confirmation before hinting at any sustainable shift in momentum.
If that support fails to hold, Crypto Candy warns that the market could face another steep drop. A continued breakdown would reinforce the ongoing bearish narrative, opening the door for what he described as a “waterfall” scenario.
Bullish Divergence Emerges On The 4H ChartCrypto analyst Chad recently noted in an X post that Bitcoin is showing a notable bullish divergence between its price action and the RSI (Relative Strength Index) on the 4-hour chart. This divergence is a technical signal where the price makes a lower low.
Chad acknowledges that the price is clearly in a short-term downtrend and will need to reverse at some point. While he admits he doesn’t know the exact timing of the reversal, he emphasizes that the bullish divergence is the first positive sign that sellers are losing control and a structural shift may be near.
To officially switch the short-term market structure back to bullish, Chad outlines a simple progression: the price needs to first make a higher high to break the current downtrend, and then confirm that break by establishing a higher low. This sequence is necessary to confirm that buyers have successfully taken over directional control of the price.
Original source
Read on NewsBTCRelated market context
Bitcoin (BTC) Price Prediction: BTC Eyes $70K Liquidity Sweep as Whales Reclaim Control Near $62K
Market data suggests that long-term holders remain largely inactive, while whale activity is beginning to recover, creating an int...
Bitcoin’s $60,000 support is still a bet on the dollar breaking
Glassnode's latest Week On-chain report says Bitcoin has entered a deep discount phase, with over 95% of short-term holders underw...
BlockDAG’s $0.00000044 to $0.05 Gap Draws Attention as DOGE Cycles and XRP Momentum Shift.
Dogecoin and XRP continue to anchor market attention as traders reassess momentum across speculative and utility-driven crypto nar...
XRP aims for $0.90 as ETF demand battles selling pressure from whales
XRP is trading at $1.11, down roughly 17% from its June opening, having set a new 2026 low on June 5 and shed $8 billion in market...
The 3-Part Impulse That Shows Where The XRP Price Is Headed Next
XRP bulls are trying to turn a brutal selloff into something bigger than a relief bounce. An interesting setup shows a possible th...
XRP Price Prediction: Japan XRP ETF Listing is Getting Closer
Japan just handed XRP bulls a major regulatory tailwind. XRP price is retesting a congestion zone, and the prediction could turn b...