Bitcoin Technical Analysis Suggests Bearish Regime Shift

Bitcoin's technical structure has been described as fragile by PRO Crypto Tech, with the cryptocurrency currently trading at $68,467. The market is under pressure to hold onto momentum after a brief bounce, but the underlying data suggests that a 'bearish regime shift' is still in play.

The analysis notes that institutional buyers have been cautious due to the significant retraction since 2025's massive peaks, creating a cautious environment for investment. The market sentiment remains on edge, with volume showing a steady drain as retail waits for a clear direction while institutions continue to trim positions.

The analysis predicts that until $BTC decisively flips the $70,000 zone back into support, the path of least resistance will remain downward. There are three possible scenarios outlined: a sustained break below the $67,500 local floor could trigger a rapid flush toward the $65,000 psychological support; bulls must reclaim $70,000 on a daily close to invalidate the bearish thesis; and any move toward $69,000 without a massive surge in volume is likely a trap for late buyers.