Bitcoin’s Failed $113K Retest Signals Potential Bearish Momentum Toward $100K Support

• Bitcoin’s breakdown below its long-term trendline and rejection at $113K confirm a shift in higher timeframe momentum toward bearish control.

• Analysts identify $100K as the final stronghold for bulls and $93K as a potential capitulation zone amid growing market pressure.

• Despite bearish signals, Capital ₿ increased its holdings to 2,818 BTC, reflecting ongoing institutional accumulation during structural weakness.

Bitcoin bearish structure confirmed: Failed $113K retest signals downside risks. Explore critical zones at $100K and $93K, plus institutional moves by Capital ₿. Stay informed on BTC trends—read now for key insights! (152 characters)

What is Bitcoin’s Bearish Structure After the $113K Retest Failure?

Bitcoin bearish structure refers to the shift from bullish to bearish market control, marked by a breakdown below key support levels like the long-term ascending trendline since May. The recent failure to retest and reclaim $113,000 has flipped this level into resistance, confirming lower highs and lows on higher timeframes. This indicates sellers are dominating, potentially leading to further declines unless bulls mount a strong recovery.

How Do Critical Demand Zones Shape Bitcoin’s Next Trajectory?

Analysts, including Crypto Patel, highlight $100,000 as the last bull stronghold, where historical liquidity and volume clusters could trigger buying interest and provide short-term stability. Below this, the $93,000 zone acts as a capitulation area, prone to panic sell-offs and liquidations that historically accelerate declines during structural breakdowns. Supporting data from on-chain metrics shows increased selling volume post-rejection, with the Relative Strength Index (RSI) dipping below 50 on daily charts, underscoring bearish momentum. Expert observations note that without a violent reclaim of $113,000, Bitcoin risks entering a prolonged correction phase, testing these zones in the coming weeks.

Frequently Asked Questions

What Does Bitcoin’s Breakdown Below the Trendline Mean for Traders?

Bitcoin’s breakdown below its ascending trendline confirms a bearish structure, turning previous support into resistance and flipping higher timeframe momentum. Traders should monitor $100K for potential bounces, but prepare for downside if it fails, as this signals distribution over accumulation in the short term. (48 words)

Why Is Capital ₿ Still Accumulating Bitcoin Amid Bearish Signals?

Capital ₿ views long-term Bitcoin potential despite current bearish structure, recently adding 6 BTC to reach 2,818 total holdings with a 1,657.7% year-to-date yield. This reflects institutional confidence in underlying value, even as they pause capital increases for caution, speaking to resilient accumulation strategies. (52 words)

Key Takeaways

• Bearish Confirmation: The $113K rejection solidifies Bitcoin’s shift to a bearish structure, breaking the long-term trendline and establishing resistance.
• Demand Zones: $100K serves as the final bull defense, while $93K risks capitulation; historical patterns suggest sharp moves if breached.
• Institutional Resilience: Capital ₿’s expanded holdings to 2,818 BTC highlight ongoing accumulation, offering a counterpoint to short-term weakness and potential for future upside.

Conclusion

Bitcoin’s bearish structure, confirmed by the failed $113K retest and trendline breakdown, underscores critical demand zones at $100K and $93K as key battlegrounds for market direction. While short-term pressures mount, institutional actions like Capital ₿’s accumulation signal enduring confidence. As Bitcoin navigates this phase, investors should watch for reclaim attempts above $113K to gauge if bearish momentum persists or yields to recovery—stay tuned for evolving crypto trends.

The confirmation of a Bitcoin bearish structure takes center stage following the asset’s inability to reclaim the pivotal $113,000 level. This rejection and subsequent price drop suggest a potential trend reversal on higher timeframes, with traders eyeing defenses at $100,000 and $93,000.

Bitcoin’s Bearish Structure Solidifies with Trendline Breakdown

Market analyst Crypto Patel notes that Bitcoin’s longstanding bullish framework has inverted to bearish after decisively breaking from its ascending trendline, a support since May. The $113,000 retest, formerly dynamic support, failed and transitioned to resistance—a textbook support-to-resistance flip that validates ongoing bearish trends.

Currently trading around $108,000, Bitcoin has consolidated recently, but the failure to surpass $113,000 shows bulls relinquishing short-term market structure control. Emerging lower highs and lows form a descending pattern, and without aggressive buying to breach $113,000, additional downside looms likely.

Momentum indicators and structural changes point to bearishness taking root. The retest failure cements a distribution phase, with sellers steering short-term paths.

Demand Zones at $100K and $93K Guide Bitcoin’s Path

Crypto Patel stresses two vital demand zones for Bitcoin’s direction: $100,000 as the ultimate bull bastion, backed by prior liquidity and volume buildup that might spur rebounds if buyers activate.

Under $100,000 lies the $93,000 capitulation zone, where fear-fueled selling and liquidations could intensify drops. These areas often capture emotional market responses in breakdowns.

If $100,000 cannot hold, projections point to a swift descent to $93,000—mirroring typical post-breakdown sequences of rejection, consolidation, and descent. These zones now challenge the market’s durability.

Capital ₿ Bolsters Bitcoin Position in Volatile Times

As Bitcoin’s bearish structure emerges, Capital ₿ revealed acquiring 6 BTC for €0.6 million, elevating holdings to 2,818 BTC and posting a 1,657.7% year-to-date BTC yield from prior gains.

Amid volatility, Capital ₿ paused its “ATM-type” capital raise with TOBAM, indicating prudent capital handling in changing sentiments.

This purchase underscores persistent institutional involvement in Bitcoin despite bearish setups. Short-term traders grapple with uncertainty, but long-term entities like Capital ₿ commit to growth amid adjustments. Upcoming weeks could clarify if Bitcoin heads toward more accumulation or deeper correction.