Bitcoin Showing Bearish Pressure — Expect Further Weakness
I'm seeing Bitcoin bleed as selling pressure has overtaken buyers and recent supports are cracking.
Volume and volatility have picked up, and short-term indicators point to increased downside risk unless buyers step in quickly.
I'll be cautious and look for stabilization signals before increasing exposure.
Analysis
Price action suggests a bearish phase with rising volatility and net selling; watch key support levels and on-chain flows for confirmation of a bottom.
Recommendation
Reduce exposure or sell into weakness; avoid initiating new long positions until BTC reclaims critical support and shows clear stabilization.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.