BTC Technical Outlook: Consolidation Continues as BTC Struggles Below Key Resistance Levels

Bitcoin remains in a sideways-to-corrective phase, trading just below major resistance levels after failing to reclaim its breakdown zone. Despite short bounces, momentum remains capped, indicating cautious market sentiment.

Market Structure & Trend

BTC is currently moving inside a broad consolidation range, showing:

Failure to break back above the breakdown zone

Lower highs forming since the last peak

Price still sitting below major Fibonacci mid-levels

As long as BTC remains below key resistance levels, the structure stays bearish-to-neutral rather than bullish.

EMA Structure (Ceiling Overhead)

Price is currently trading below all major EMAs, which are acting as layered resistance:

20 EMA — $88,331 (short-term resistance)

50 EMA — $91,657

100 EMA — $97,141

200 EMA — $100,622

This stacked EMA cluster shows that every bounce is meeting sellers.

A sustained move back above the 50 EMA would be the first sign of stabilization.

Fibonacci Levels — Key Rejection Zones Ahead

BTC is still trading below key retracement levels:

0.236 Fib — $91,395

0.382 Fib — $98,045

0.5 Fib — $103,419

0.618 Fib — $108,794

0.786 Fib — $116,446

The $91K–$98K zone is a critical resistance band — reclaiming it is essential for any meaningful recovery.

Support Zone

Bitcoin is holding above an important support base:

Local support: around the current consolidation range

Major downside zone: $80,646 (Fib 0)

Holding above this support keeps BTC in consolidation rather than breakdown mode.

A loss of this level would signal renewed bearish momentum.

Momentum (RSI)

RSI: 48

RSI is slightly below neutral, meaning momentum is improving but still lacks strong bullish conviction.

📊 Key Levels

Resistance

$91,395 → $98,045 → $103,419 → $108,794 → $116,446

Support

Local consolidation range → $80,646

📌 Summary

Bitcoin remains in range-bound consolidation, trading below its EMA cluster and major Fibonacci resistances. A breakout above $91K–$98K would be the first meaningful sign of recovery, while a breakdown below support could reopen downside risk toward $80K.

Until then, BTC is likely to continue moving sideways with cautious volatility.