Bitcoin Confirms Bearish Structure After $98,000 Rejection — Here’s The Next Potential Target

Looking ahead, Patel emphasized that price action below the $90,000 level favors further downside continuation. Based on the measured move from the breakdown, Bitcoin could slide toward the $75,000–$70,000 support region, representing a potential decline of around 22% from current levels.

On the downside, Ardi noted that liquidity near $86,000 has already been taken, suggesting that immediate downside targets have been largely satisfied. With that sweep complete, attention now shifts to whether bulls can push through overhead resistance and force late bears to exit, setting the stage for a sharper upside reaction.