Bitcoin continues to trade below $78,000, with repeated failures to break through the $80,000–$82,000 supply area raising concerns about demand weakening. The daily chart shows Bitcoin consolidating beneath major resistance after an initial breakout, while the 4-hour chart indicates a loss of momentum and a potential breakdown from a rising channel. Liquidation data shows large liquidity clusters below $77,000, which could accelerate a move toward the $72,000–$74,400 support zone if short-term support fails.
Bitcoin has remained below $78,000 in recent sessions, and the absence of upward progress is becoming increasingly notable. Repeated failures to challenge the $80,000–$82,000 supply area suggest demand is losing strength, raising the probability of a deeper corrective move.
The daily chart shows Bitcoin transitioning from an impulsive breakout into a clear loss of momentum. Following a rapid advance from the mid-$60,000 region, Bitcoin has fluctuated between roughly $77,000 and $81,000 without establishing a fresh high.
This behavior is notable because the price is consolidating directly beneath the major $80,500–$82,500 resistance zone. The inability to absorb supply around this area, combined with repeated upper wicks, suggests buyers are struggling to maintain the strength seen during the initial rally.
Although the broader structure remains bullish following the breakout above moving averages, the probability of a deeper pullback has increased. The $72,000–$74,400 zone is the first major daily support area and a logical destination if selling pressure expands.
On the 4-hour chart, Bitcoin initially formed an ascending channel after its breakout but subsequently lost the lower boundary and failed to recover it. The latest consolidation has developed into a smaller rising structure around $77,000–$80,000, but a recent rejection from its upper boundary has pushed BTC back toward the lower trendline near $77,000.
A breakdown below this structure would strengthen the case for a larger correction, particularly given the lack of bullish follow-through. In that scenario, the $72,000–$74,400 support zone would become increasingly relevant.
The one-week Binance BTC/USDT liquidation heatmap shows Bitcoin positioned between substantial liquidity concentrations on both sides. A broad concentration of liquidation liquidity is visible below the current price, extending approximately through the $74,000–$77,000 region.
Substantial liquidity also exists above the market, most notably around $80,000–$82,000, meaning an upside liquidity hunt remains possible. However, Bitcoin’s repeated inability to sustain advances toward this region reduces the strength of that scenario for now.
Overall, the heatmap and price structure point to an increasingly fragile consolidation. A downside liquidity sweep toward the mid-$70,000 region, potentially followed by a test of the major $72,000–$74,400 technical support zone, appears more plausible than it did previously unless buyers quickly restore momentum above $80,000.
