Bitcoin has experienced a strong retreat after the highest level of all the time it reached in recent weeks, and market sensitivity began to change negatively. Unexpected economic policies of US President Donald Trump and increasing macroeconomic uncertainties create fluctuations both in the crypto money markets and in the traditional financial sector. Bitcoin is currently in the consolidation process of $ 85,000, but investors have difficulty in cutting the direction of the next major movement.

Sensitivity at Bitcoin is at the lowest level of months

The latest data shows that investors’ confidence in Bitcoin declined to the pre -rally levels in September 2024. Cryptoquant’s Bitcoin Sentiment Vote – Up or Down data shows that the negative atmosphere in the market has increased and the majority of investors are expecting to decline in the short term.

Bitcoin’s recent difficulty in exceeding $ 90,000 has led to the doubt of market players about the continuation of the rise. BTC has been stuck around $ 85,000, but this level has become a critical warfare area for both bulls and bears. If Bitcoin cannot make this level a strong support point, it may face a new retreat to $ 82,000 and then to $ 78,000.

Technical Indicators Support Bears

Bitcoin is currently trading at 84.200 dollars, and the $ 85,000 zone has become a powerful point of resistance overlapping with both the 200 -day moving average (MA) and the exponential moving average (EMA). If the bulls do not exceed $ 88,000, the negative atmosphere in the market can be expected to continue.

In the short term, the level of $ 82,000 is monitored as a significant support. However, if the BTC falls below this level, it will be strengthened to 81,000 dollars and then to the range of $ 78,000–75,000. This may lead to a long -lasting trend of consolidation or decrease in the market by shaking the investor confidence.

Bitcoin critical days are approaching

Bitcoin’s future movement will depend on general investor sensitivity and macroeconomic developments in the market. In order for bulls to move the market up again, BTC will have to turn the 85,000 dollar level in the coming days and break the resistance of $ 88,000. Otherwise, the market may continue to decline and the price of BTC to decrease to $ 75,000.

Considering the existing uncertainties in the market, it can be said that a critical period for Bitcoin is entered. In the coming days, in which direction the price will be broken will play an important role in determining the general trend in the market.