Bitcoin is weakening after another failed push through resistance, and the near-term setup looks bad for buyers hoping for a breakout.

• Bitcoin rejected resistance again and is now dropping into a key support zone in the low $80,000s.
• Bitcoin ETF flows have flipped from weeks of heavy buying to a near half-billion-dollar day of selling, with BlackRock and Fidelity selling hundreds of millions in BTC.
• The US stock market is cooling off from record highs, which removes support for crypto too.
• Ethereum, XRP, Solana and Chainlink all rejected the same resistance and are testing support, so altcoins are following Bitcoin down.
• The long-term weekly trend still looks bullish, so this is read as a pullback inside a bigger uptrend, not the end of it.

Outlook: Expect days to weeks of more weakness or sideways chop, with a drop to the mid-$70,000s if the low-$80,000s support breaks.

## Bitcoin Levels

• **Bias:** Bearish short term (days to 1-2 weeks), still bullish long term on the weekly chart.
• **Support:** $80,000-$82,000 immediate; $75,000-$76,000 below that.
• **Resistance:** $86,000-$88,000, with the rejection at roughly $87,000.
• **Targets:** Downside $75,000-$76,000 if support fails; upside liquidity sits at $87,300 but is unlikely to be reached soon.
• **Invalidation:** A confirmed break and close below $80,000 opens the mid-$70,000s; liquidation liquidity at $82,400 has already been cleared, with a smaller pocket left at $82,000-$82,100.