Bitcoin Price Prediction: What’s the Most Likely Next Move for BTC as Momentum Remains Weak?

Bitcoin is trading under continued pressure after losing key support levels on higher time frames, with the price structure showing a clear transition from distribution to a developing downtrend. Momentum remains weak and recent rebounds appear corrective rather than impulsive, leaving short-term downside risk high.

Bitcoin Price Analysis: The Daily Chart

On the daily time frame, the asset continues to follow a descending channel while trading below the major moving averages, confirming a bearish market structure. The rejection from the mid-range resistance zone and the subsequent sharp sell-off towards the low $60,000 region reinforces the fact that sellers are still driving the trend direction.

Momentum indicators remain subdued, with the RSI remaining well below neutral and failing to produce a strong bullish divergence. Unless price can reclaim the $75,000-$80,000 resistance cluster and close above the channel midpoint, the broader bias continues to lean towards continuation lower or extended consolidation near the $60,000 support level.

BTC/USDT 4-hour chart

The 4-hour chart shows a steep impulsive decline followed by a choppy sideways move, typical of a bear flag or post-liquidation accumulation attempt. Lower highs continue to form under declining dynamic resistance, indicating that buyers have not yet regained control in the short term.

The main support is around the recent wick low near the $60K area, while immediate resistance is clustered between around $73K and $76K. A breakout above this range would be the first technical signal of a momentum shift, while a breakdown below the mentioned support zone could accelerate another move down and lead to another round of massive liquidations.

Sentiment analysis

Funding rate data shows that sentiment has cooled significantly compared to previous overheated conditions, with the recent very negative data pointing to reduced debt burden on the long side. This type of reset is constructive in the medium term, but in itself does not confirm an immediate bullish reversal.

The general market psychology appears cautious rather than euphoric, which often precedes range formation before the next big move. For sentiment to definitively turn bullish, price strength must return alongside rising but controlled funding and improving momentum over time.