Crypto Analyst Urges Traders, Investors to Watch Closely a bearish order block (OB) level on the Bitcoin (BTC) price chart. According to the expert, this OB level is within a critical zone near $90,000, which could determine BTC’s next directional move, with the cryptocurrency continuing to rise or experiencing a sharp decline. rejection of lower levels. With Bitcoin currently trading around $77,000, a positive reaction to this OB level could open the door for a new price rally.
Bearish Bitcoin OB Level Signals Make or Break the Zone
A TradingView crypto analyst known as ‘Fullpriceaction’ has shared a new Bitcoin analysis, which predicts a bearish and bullish price outlook depending on how the leading cryptocurrency reacts to a critical level. The analyst described this area as a “bearish OB level”, which is a price zone where large institutional actors as hedge funds, market makers and banks placed heavy sell orders ahead of a significant price drop.
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Fullpriceaction noted that Bitcoin’s bearish OB level is currently between the $94,000 and $98,000 range. At the time of writing, this order block level is well above the current price of BTC, meaning the cryptocurrency will need to make another rally of over 27% to reach that level.
The analyst has predicted that a rejection of this bearish OB zone could trigger a significant pullback in the price of Bitcoin, which is already affected by the widespread pressure. market volatility and fear. On the bullish side, Fullpriceaction has predicted that a clear break above the critical level could completely invalidate BTC’s bearish structure, potentially paving the way for a new confinement.
With these possible moves on the horizon, the crypto expert urges investors and traders to manage their risk carefully. He noted that the price of Bitcoin has been in a severe bear market from its January highs near $98,000.
The leading cryptocurrency has been going through a slow and prolonged consolidation phaseand its price largely trades between $64,000 and $76,000. Despite bearish pressures restraining price action, Fullpriceaction noted that Bitcoin was steadily building a solid foundation which eventually led to a breakout and a strong bullish momentum in April.
Analyst Predicts BTC Fall to $70,000 in Days
In a separate analysis on X, crypto market expert Alex Mason provided that the price of Bitcoin could fall to $70,000 in just a few days. After this drop, the analyst expects the leading cryptocurrency to continue its downward trajectory. It projects a drop from its current price of around $77,000 to $73,000, then to $68,000 and $71,000, before finally falling to $60,000.
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Looking ahead, Mason has placed BTC final market bottom sometime around fall 2026, between September and December. Its chart places this price floor at around $30,000, which represents a staggering drop of over 61% from current levels.
Featured image from Getty Images, chart from Tradingview.com
