Analyst Ali Martinez notes the TD Sequential indicator has flashed a major sell signal for Bitcoin on the three-day chart. The cryptocurrency, which rallied over 30% from February lows near $60,000, now faces a key test at the $67,500 support level. Its recent attempt to breach a strong $80,000 resistance zone has so far been unsuccessful, leaving the market watching geopolitical developments and technical levels closely.
The TD Sequential indicator has presented a bearish signal for Bitcoin, as stated by analyst Ali Martinez. This is described as the first major bearish pivot of the year, following a tool that previously timed a rebound from lows near $60,000 to almost $80,000. Martinez warned a decisive break below $67,500 could trigger a new corrective countdown for the asset.
Bitcoin has recently tested a strong resistance zone around $80,000, according to fellow analyst Ted Pillows. The level has rejected multiple attempts over recent weeks, even as the price held near $78,000 following geopolitical news. Historically, May has been a positive month for Bitcoin’s price performance.
The primary level to watch for trend validation is now $67,500, according to Martinez’s analysis. “While the macro trend remains constructive, the TD Sequential is a high-authority timing tool,” he concluded. The analyst had previously suggested a breakdown could see Bitcoin find a new bottom beneath $55,000.
Bitcoin ended April with a near 12% gain, marking its best monthly performance since April of the prior year. The 2026 market has been significantly influenced by developments in the war between the US/Israel and Iran, driving notable volatility.
