Bitcoin bearish divergence confirms on the daily chart
Bitcoin has hit a short-term warning signal and is likely to cool off for a week or two, which is bad for traders chasing a breakout now but good for buyers waiting for a better entry.
- A bearish divergence just confirmed on Bitcoin's daily chart, pointing to weakness rather than a crash.
- Bitcoin got rejected at the 86K–88K resistance band, exactly where it was expected to stall.
- The Nasdaq 100 also stalled right at its record high, adding pressure to crypto in the short term.
- Wall Street money keeps pouring in, with over $1.7 billion entering Bitcoin ETFs in just two days — far above a normal pace.
- Ethereum, XRP and Solana are showing the same warning signal and should follow Bitcoin lower for now.
Outlook: Expect a choppy pullback over the next one to two weeks before the larger uptrend likely resumes.
## Bitcoin Levels
- **Bias:** Bullish longer term, bearish for the next 1–2 weeks.
- **Buy / accumulate:** Lower 80K range, especially around $81,000–$82,000; wait 1–2 weeks for a long entry.
- **Sell / take profit:** $86,000–$88,000 resistance zone (short-term short setup).
- **Support:** $81,000–$82,000 (broader $80,000–$82,000).
- **Resistance:** $86,000–$88,000.
- **Targets:** Downside liquidity at $83,100–$83,300, then $81,000; upside liquidity at $87,500.
- **Invalidation:** A clean breakout above $88,000 ends the cool-off thesis.