- Bitcoin has rebounded to $89,000 after weeks of decline, but analysts warn of a big resistance ahead.
- Despite the sharp intraday gains, experts note the market remains bearish, suggesting a slow recovery.
- Some bullish traders continue to push for higher prices, but broader sentiment remains cautious.
Bitcoin just staged one of its sharpest intraday rebounds in weeks. Exploding from $83,000 to nearly $89,000 as the crypto market clawed back from heavy losses. But while the move looks promising on the surface, the rally might be approaching one of the toughest resistance zones of the trend.
One analyst stated in an X post that the number one coin remains in a downtrend and must break the $91,000 resistance zone.
After breaking the resistance, the analyst still expects some consolidation and some retracement before a significant rise above.
Bitcoin Surges But the Downtrend Isn’t Broken Yet
Bitcoin has been in a bear market for a few weeks now, with the price recently dropping to levels last seen in the first quarter of the year.
Experts said earlier that the price correction was due to the liquidation event of October 10. Which triggered billions in forced selling and marked one of the deepest liquidity drains of 2025.
With sell pressure gradually fading, the market was primed for relief. Today’s sharp spike from $83,000 to $89,000 reflects that shift.
Even so, experts warn that the $91,000 supply zone remains heavily defended by short-term traders and automated selling algorithms.
Unless BTC reclaims this level on strong volume, analysts say the path toward $100K will likely be a slow, grinding process inside the wider bearish structure.
Why Bitcoin Bulls Say $89k Isn’t Enough
While the bounce impressed many traders, long-term bulls are far from satisfied. Some argue that Bitcoin needs to break decisively above $95k, not just $91k, before confidence returns to the trend.
Others continue to predict a new all-time high before the end of 2025, but acknowledge the market is not behaving like a typical pre-parabolic environment. Analysts say sentiment remains shaky, liquidity is still thin, and leveraged long positions have mostly been wiped out.
Despite the rally, the downtrend remains intact, and Bitcoin still has to prove it can reclaim lost ground before bullish narratives regain credibility.
More Must-Reads:
- Robert Kiyosaki Rings Alarm: “Buy Bitcoin Before the Fallout”
- Analysts Eye Fresh Bitcoin Rally as RSI Hits Critical Low
- Bitcoin Reclaims Key Support for Potential Breakout
What do you think?
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