Bitcoin is staging a recovery after a sharp sell-off, with analysts pointing to reclaimed support levels, a completed fair value gap, and a looming imbalance zone that could shape the cryptocurrency’s next major move.
Analysts highlight reclaimed support and filled FVG
Bitcoin has shown renewed strength following its recent decline, reclaiming key support zones, according to market analysts. Crypto analyst Crypto Patel noted that Bitcoin has completed a key technical move by filling its Fair Value Gap (FVG) and reaching the bearish order block as previously projected. Traders positioned for upside momentum likely captured a clean long setup, Patel added.
Patel emphasized that attention is now shifting to Bitcoin’s next major target: a high-timeframe FVG that represents the next imbalance zone. The analyst expects BTC to advance toward this region before any meaningful corrective move develops, aligning with a broader macro outlook that anticipates an upward sweep into this zone before momentum cools.
On-chain data also reflects shifting market dynamics. Exchanges recorded 14,858 BTC in net outflows over the past week and 47,292 BTC over the last 30 days—signals that whales and long-term holders are increasing self-custody withdrawals, according to Patel.
Analysts flip bullish bias above $90k
Patel outlined a clear invalidation point for the bearish structure, noting that a sustained high-timeframe close above a key upper level would negate the current bearish bias entirely. Such a breakout, he said, would confirm the start of a new bullish phase, increasing the likelihood of Bitcoin attempting a fresh all-time high.
Analyst The Boss echoed a similar sentiment, stating that Bitcoin’s latest price action shows early signs of strength. After its sharp drop, BTC reacted at local support and pushed back above a key level near $90,000, indicating renewed buyer conviction. The chart, according to The Boss, reflects a support zone that has held firm despite heavy selling pressure.
The rebound has been supported by improving macro conditions, including softer expectations for additional Federal Reserve tightening, rising risk appetite, and broader rotation into risk-on assets.
Technical outlook: momentum must confirm the move
From a technical standpoint, The Boss cautioned that Bitcoin must continue defending its current support range to build a meaningful upward wave. Without confirmation from momentum indicators and sustained trading volume, the move may remain vulnerable. The analyst warned that, following such an aggressive sell-off, the possibility of a dead-cat bounce still lingers unless buyers maintain control.
