Bitcoin Price Continues Trending Sideways as Crash Approaches

Not much has changed in the crypto markets. The bitcoin price continues moving sideways in a weak lateral channel, vulnerable to a crash brought on by bearish pressure.

- Advertisement -

Bitcoin Price Technical Analysis

Long-Term Analysis

Remaining in the same sideways movement since December 2018, the bitcoin price has defined a new sustaining level based on nothing but Round Numbers Theory. Depending on external factors, current market weakness exposes the bitcoin price to a plunging risk, pointing at $2,500 USD as a target where an upward bounce could be expected.

Mass Psychology Analysis has collected several facts that confirm a combination of the disinterest and capitulation phases, both favoring a bearish swing to $2,500 before a recovery that overcomes the distribution zone defined between $4,000 and $4,500.

Mid-Term Analysis

bitcoin price technical analysis

The market recognizes $3,100 as a sustaining level and $4,100 as a resistance, from which a distribution zone is settled. The current up and down activity seems to be wrapped around an average middle price axis at $3,700, working as a balancing point between a strong bearish pressure and weak, erratic demand.

Distribution zone characteristics involve the manipulation of fundamentals until an unexpected event precipitates further action.

Short-Term Analysis

bitcoin price technical analysis

After the dead cat bounce ends near $4,100, Bollinger Bands and Japanese Candlestick analysis, reflect that prices have again failed to overcome the resistance and could fall back to test $3,700 support. If that fall back manages to plunge below $3,600, another 1000 point drop should accomplish the bearish target and end the current cycle.

Demand’s Soldiers are no longer on the battlefield, while Offer´s Crows dominate the $4,000 level and hold the ability to transfer selling pressure to the current level. If that occurs, the bitcoin price will drop to the real support near $2,000.

- Advertisement -

What do you think will happen to the bitcoin price? Share your predictions in the comments section.

Image via Marcy Pro

Previous Articles:

- Advertisement -

Latest News

BPX Gains FCA Nod to Trade Tokenized Securities in the UK

BPX, a startup focused on trading tokenized securities, received several authorizations from the UK’s...

Shopify, Coinbase Launch USDC Payments; Mastercard Expands Crypto Access

Shopify and Coinbase allow merchants to accept USDC stablecoin payments, making crypto transactions easier...

Coinbase Launches Wrapped ADA and LTC on Base, COIN Hits New High

Coinbase has introduced wrapped versions of Cardano (ADA) and Litecoin (LTC) on its Ethereum...

ClickFix Attacks Surge 517% in 2025, Fake CAPTCHAs Spread Malware

ClickFix attacks using fake CAPTCHA verifications have risen by 517% in early 2025, according...

FHFA Orders Fannie, Freddie to Consider Crypto as Mortgage Collateral

The U.S. Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to consider...

Must Read

Top 10 BEST Crypto Trading Books for New Traders

If you're thinking of diving into the crypto trading space, acquiring solid knowledge isn't just recommended - it's essential to protect your investment.Learning...