October 13th 2026, 1:25 PM
Bitcoin Faces Downward Pressure as Rebound Fails to Reclaim Trendline
Key Summary
Bitcoin's rebound to $83.3K has stalled below the broken trendline, with renewed big-whale spot activity adding selling pressure. The recovery remains vulnerable to forming another lower high unless buyers reclaim the $85K–$86.7K supply zone.
Please see our real time news feed on our Home Page
Bitcoin Price Analysis
Bitcoin has rebounded toward $83.3K after another test of nearby demand, but the recovery remains below the broken trendline support.The Daily Chart
On the daily timeframe, Bitcoin’s rejection from the $86.5K–$90.5K resistance zone has led to a correction into the lower portion of its ascending structure. Buyers have responded around the highlighted $80K–$81.5K demand zone, producing a rebound toward $83.3K.The 4-Hour Chart
The 4-hour chart shows Bitcoin trading below the ascending trendline that previously supported its advance. Following the breakdown, the price has tested the $80K–$81.5K demand zone twice, with both visits attracting buying interest.Sentiment Analysis
The Bitcoin Spot Average Order Size chart shows renewed big-whale readings during the recent price action around $82K–$87K. These readings indicate larger average spot trades and suggest that large participants are actively involved as Bitcoin consolidates below resistance.#Bitcoin#US#Crypto#Trendline