{"id":428254,"date":"2026-05-24T09:44:06","date_gmt":"2026-05-24T04:14:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoin-could-be-entering-critical-pullback-phase-below-this-level-crypto-news\/"},"modified":"2026-05-24T09:50:29","modified_gmt":"2026-05-24T04:20:29","slug":"bitcoin-could-be-entering-critical-pullback-phase-below-this-level-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-could-be-entering-critical-pullback-phase-below-this-level-crypto-news\/","title":{"rendered":"Bitcoin Could Be Entering Critical Pullback Phase Below This Level &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-bull-run-yet-warns-cryptoquant-founder\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> is showing increasing signs of weakness as bearish pressure continues building below a critical technical level. With key support zones now under threat and reversal patterns beginning to take shape, BTC could be entering a decisive pullback phase that may determine the market\u2019s next major direction.\u00a0<\/p>\n<h2><strong>Buyers Continue Losing Momentum As Decline Deepens<\/strong><\/h2>\n<p>Crypto analyst Kamile Uray <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/remdocan\/status\/2058072409089958244?s=20\" target=\"_blank\" rel=\"noopener nofollow\">stated<\/a> that Bitcoin buyers continue to appear weak as the market faces another wave of downside pressure. The analyst explained that if BTC breaks below the key <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-miners-warn-no-bottom-yet-cryptoquant-says-what-on-chain-metrics-reveal\/\" target=\"_blank\" rel=\"noopener \">bottom<\/a> at $74,929, it could confirm the completion of the final shoulder in a developing OBO structure while remaining under the previous low near $76,044.<\/p>\n<p>Unless Bitcoin can achieve a decisive 4-hour candle close above $78,213, the bearish trend is likely to continue. A sustained breakdown below $74,929 could open the door for a deeper decline toward the $71,000\u2013$68,000 region, which has been identified as a major <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-below-resistance\/\" target=\"_blank\" rel=\"noopener \">Fibonacci<\/a> support zone.<\/p>\n<p>Kamile Uray further explained that if stronger buying <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-momentum-signal-preceded-last-october-crash\/\" target=\"_blank\" rel=\"noopener \">momentum <\/a>eventually emerges from those lower levels, Bitcoin could attempt another recovery rally. During any upside move, the market would need to overcome resistance around $98,000, followed by the larger resistance region between $107,000 and $109,000.<\/p>\n<p>However, if Bitcoin struggles to maintain strength above the recent peak near $126,199, the risk of another major corrective phase would remain active. In the case of a much deeper decline, Kamile Uray emphasized that the $60,000 level stands out as a critical long-term support area that could play a major role in future market direction.<\/p>\n<h2><strong>Bitcoin Bullish Reversal Structure Begins Turning Bearish<\/strong><\/h2>\n<p>Another crypto analyst Merry__PT has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/merry__PT\/status\/2058044472341271030?s=20\" target=\"_blank\" rel=\"noopener nofollow\">noted<\/a> that Bitcoin\u2019s recent price action is undergoing a significant structural shift. While the market initially formed a recognizable W bottom, a classic signal of a bullish reversal, this structure is now evolving into a Head and Shoulders top, which is historically viewed as a symbol of a bearish reversal.<\/p>\n<p>The most critical technical element to monitor moving forward is the blue horizontal base neckline. This support zone is acting as the foundation for both the current <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoins-2026-market-structure-reveals-a-problem-hidden-beneath-etf-growth\/\" target=\"_blank\" rel=\"noopener \">structure<\/a> and the potential for a larger trend shift. Once this neckline is clearly defined and widely acknowledged by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-consolidates-78k\/\" target=\"_blank\" rel=\"noopener \">market <\/a>participants, the Head and Shoulders formation will gain significant validity.\u00a0<\/p>\n<p>If the price confirms a breach below this level, the pattern is likely to transition from a mere technical observation into a genuine catalyst for a sustained pullback. Beyond this structural pivot, the upcoming monthly candle close is key, acting as a pivotal axis for gauging future sentiment and market direction.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/wDh2LatI\/\" alt=\"Bitcoin\" width=\"2084\" height=\"1636\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is showing increasing signs of weakness as bearish pressure continues building below a critical technical level. With key support zones now under threat and reversal patterns beginning to take shape, BTC could be entering a decisive pullback phase that may determine the market\u2019s next major direction.\u00a0 Buyers Continue Losing Momentum As Decline Deepens Crypto [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":428256,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-428254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=428254"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428254\/revisions"}],"predecessor-version":[{"id":428257,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/428254\/revisions\/428257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/428256"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=428254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=428254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=428254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}