Bitcoin traders are watching a possible bearish divergence as short-term momentum weakens. Some analysts have identified liquidity near $75,000, but a chart pattern alone cannot show whether Bitcoin will fall to that level. Price action still needs to confirm the signal.
Crypto analysts Michaël van de Poppe (@CryptoMichNL) and Mister Crypto (@misterrcrypto) shared chart-based views that put the $75,000 area in focus. The posts represent their own technical analysis, not a guaranteed forecast.
Original posts: Michaël van de Poppe on X · Mister Crypto on X.
Why traders are watching the $75,000 area
Readers new to technical indicators can review our guide to reading crypto charts. To put potential price targets in context, our risk-to-reward explainer covers the limits of trade setups.
Bitcoin traded around $80,300 on Oct. 25, according to the market snapshot referenced in this report. Price, volume and intraday ranges change continuously and may differ between exchanges, so readers should check the live market before relying on a quoted level.
The $80,000 area is an important near-term reference. Holding above it could help stabilize sentiment, while a sustained break below nearby support could prompt traders to watch lower liquidity zones. Neither outcome is confirmed by the price level alone.
What the analysts’ charts actually indicate
Both posts discuss downside risk, but their chart interpretations should be treated as opinions rather than independently verified market data. A bearish divergence generally describes price making a higher high while a momentum indicator such as the relative strength index (RSI) makes a lower high. It can signal weakening momentum, but it may persist during a strong trend and is not, by itself, a sell signal.
The two charts offer complementary signals rather than a confirmed forecast. Van de Poppe’s post highlights the importance of momentum and whether buyers can establish a higher low, while Mister Crypto focuses on Bitcoin’s retest of its late-August-to-September range highs. Together, they point to the same question: can BTC hold key support, or will a breakdown expose lower liquidity? A bearish divergence signals weakening momentum, but traders generally look for a confirmed support break before treating it as evidence of a deeper correction.
Key levels: confirmation matters more than prediction
Traders can monitor the live BTC/USD chart on TradingView for price action around $80,000 and nearby support and resistance. A recovery above resistance accompanied by stronger spot volume would weaken the immediate bearish case. A breakdown followed by a failed retest would make a deeper pullback more plausible.
The $75,000 area is a scenario mentioned in trader commentary, not a confirmed target. Liquidity clusters can indicate where leveraged positions may be vulnerable, but they cannot predict with certainty which level price will reach first.
For broader context, see Glassnode’s Week On-chain report for Oct. 21, 2026. Its market analysis discussed bids near $80,000 and overhead supply around $85,000–$87,500. These areas provide context, but market conditions can change quickly.
On-chain activity and sentiment offer mixed signals
Slowing selling pressure does not necessarily mean demand has returned. A durable recovery typically requires buyers to absorb available supply over time. On-chain activity measures can help describe network usage, but they should not be treated as direct evidence of spot-market buying or selling.
Sentiment indexes can also differ because providers use different data and methods. Treat these readings as indicators of sentiment, not as a definitive measure of market positioning.
Three scenarios traders may watch
- Recovery: BTC holds nearby support, reclaims resistance and attracts stronger spot volume. That would reduce the case for an immediate move toward $75,000.
- Further downside: BTC loses support and fails to reclaim it. Stops and leveraged liquidations could add to selling pressure, putting lower liquidity zones in focus.
- Consolidation: BTC continues trading around $80,000 without a decisive move, leaving both bullish and bearish setups vulnerable to false breakouts.
The key is confirmation rather than prediction. Compare price action with exchange volume and primary-source research before drawing conclusions. No chart pattern or liquidity estimate can guarantee market direction.
Sources and live charts
- Michaël van de Poppe’s original X post and chart
- Mister Crypto’s original X post and chart
- TradingView BTC/USD live chart
- Binance Bitcoin market page
- Glassnode: The Week On-chain, Oct. 21, 2026
- DeFiLlama Bitcoin-chain metrics
- Alternative.me Crypto Fear & Greed Index
Risk disclaimer: This article is for news and educational purposes only and is not investment advice. Cryptocurrency markets are volatile, and technical patterns, liquidity levels and sentiment indicators can fail. Verify current data and assess risk independently.
About this report
BlockBriefing aims to distinguish verified facts, attributed claims and analysis. To report a factual error, contact the editorial team with the article URL and supporting evidence.
