A crypto analyst urges traders and investors to keep a close eye a bearish order block (OB) level on the Bitcoin (BTC) price chart. According to the expert, this OB level is in a critical zone near $90,000, which could determine BTC’s next directional move, with the cryptocurrency either continuing to rise or experiencing a sharp decline. rejection to lower levels. With Bitcoin currently trading around $77,000, a positive reaction to this OB level could open the door for another price surge.
Bitcoin’s bearish OB level signals make or break the zone
A TradingView crypto analyst known as ‘Fullpriceaction’ has done just that shared a new Bitcoin analysis, which predicts bearish and bullish price prospects depending on how the leading cryptocurrency reacts to a critical level. The analyst described this area as a “bearish OB level,” a price zone where major institutional players such as hedge funds, market makers and banks placed heavy sell orders before a significant price drop.
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Fullpriceaction noted that Bitcoin’s bearish OB level is currently between $94,000 and $98,000. At the time of writing, this order block level is well above BTC’s current price, meaning the cryptocurrency will need to stage another rally of over 27% to reach that level.
The analyst has predicted that a rejection from this bearish OB zone could cause a significant drop in Bitcoin’s price, which is already under pressure from widespread volatility and market fear. On the bullish side, Fullpriceaction has predicted that a clear break above the critical level could completely negate BTC’s bearish structure, potentially paving the way for a new bull run.
With these potential moves ahead, the crypto expert urges investors and traders to manage their risk carefully. He noted that the Bitcoin price is in a serious bear market since its January high of nearly $98,000.
The leading cryptocurrency has gone through a slow, prolonged consolidation phasewith the price largely between $64,000 and $76,000. Despite bearish pressure limiting price action, Fullpriceaction noted that Bitcoin was steadily building a solid base that eventually led to a breakout and a strong bullish momentum in April.
Analyst predicts BTC will crash to $70,000 within days
In a separate analysis about X, says crypto market expert Alex Mason predicted that the Bitcoin price could drop to $70,000 in just a few days. Following this decline, the analyst expects the leading cryptocurrency to continue its downward trajectory. He predicts a drop in the current price from about $77,000 to $73,000, then to $68,000 and $71,000, before finally plummeting to $60,000.
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Looking further ahead, Mason has placed BTCs last market bottom sometime around fall 2026, between September and December. His chart places this price bottom around $30,000, which represents a staggering decline of more than 61% from current levels.
Featured image from Getty Images, chart from Tradingview.com