Bitcoin Faces Bearish Market Conditions Amid Structural Shifts
- Bitcoin struggles to reclaim the $90,000 level, testing demand around $86,000.
- The Structure Shift composite signal is near -0.5, indicating bearish dominance.
- The Bull-Bear market structure index shows bullish momentum at just 5%.
- Bitcoin trades below key moving averages, including the crucial $85,000 support area.
Bitcoin’s market structure has shifted into bearish territory as it fails to break through critical resistance levels and maintains a lower-high, lower-low sequence since its October peak near $125K.
With the Structure Shift composite signal below zero and the Bull-Bear market index showing weak bullish momentum, Bitcoin faces continued downside pressure unless structural improvements occur. Source
