Bitcoin Warning: Charts Point to a Potential Bottom, But Risk Remains

Bitcoin now sits between a possible momentum recovery and a key resistance test that could end in another drop. One chart shows an early bottoming signal, while the other shows a level that bulls still need to reclaim before any bigger move can hold.

Bitcoin Monthly Chart Signals Possible Bottom if MACD Strength Holds Into the Close

The chart points to a possible early bottoming signal on Bitcoin’s monthly timeframe. SuperBitcoinBro highlights the first uptick in the log MACD histogram after a long stretch of weakening momentum. In this setup, that shift matters because earlier cycle lows also formed when the histogram stopped falling and started to turn up.

BTC/USD Monthly Chart with Log MACD Histogram. Source: SuperBitcoinBro

However, the signal is not confirmed yet. The chart note makes that clear: Bitcoin still needs to hold this improvement through the monthly close. Until then, the move remains a developing signal rather than a confirmed reversal.

At the same time, the chart suggests that momentum may be stabilizing even while price stays below recent highs. That is why this kind of setup gets attention. If the histogram closes higher for the month, traders may read it as a sign that downside pressure is fading. If it fails by month end, then the bottoming case weakens.

Bitcoin Faces Make or Break Test at the $73,000 to $74,000 Zone

The chart shows Bitcoin pressing into a key resistance area near $73,000 to $74,000. That zone now matters most because a clean reclaim could open the way for one more move higher. In that case, the next upside targets on the chart sit near $76,472 and then around $80,600.

Bitcoin / TetherUS 2D Chart. Source: Ted Pillows on X

However, the setup still leans cautious after that possible push. Ted Pillows suggests that even if Bitcoin breaks back above the resistance band, the move may mark a final rally rather than the start of a fresh uptrend. So the chart frames the recovery zone as a possible last bounce before broader weakness returns.

On the downside, failure to reclaim that area would keep pressure on the lower support zones. The chart highlights support around $65,816 and then near $60,421. If those levels fail, the next lower targets appear near $55,123 and $52,507. Therefore, the structure remains fragile: reclaim resistance and Bitcoin may get one more upside leg, lose momentum and the risk of new lows stays in place.