The post Bitcoin Bearish Until $93K? Bulls Must Break This Level appeared on BitcoinEthereumNews.com. Key Insights: Bitcoin price stuck below $93K as whales increase longs—market expects short-term correction ahead. Historical cycles show major drops follow parabolic breakdowns—$93K remains a critical resistance level. Whale behavior signals delay in breakout—pullback likely before any sustainable BTC rally begins. Bitcoin Bearish Until $93K? Bulls Must Break This Level Bitcoin was trading at $86,065.10, posting a 5.9% drop in the past 24 hours and 0.3% over the last 7 days. Selling pressure has returned, with the price staying below the $93,000 resistance zone. Market watchers have pointed to this level as a turning point for trend reversal. On the 4-hour chart, Bitcoin is still moving inside a falling channel, suggesting that sellers remain in control.  Analyst Captain Faibik noted,  “As long as $BTC bulls don’t reclaim the 93k resistance level, the market will remain in bearish territory.”  The recent bounce from the lower channel line has not changed the larger direction. Price was hovering below a known supply zone just under $93K. Without a clean move above this level, buyers may continue to struggle to shift the short-term trend. Historical Setups Show Repeated Breakdown Patterns A long-term chart posted by trader Peter Brandt tracks Bitcoin through five major upward cycles. Each one ended after a steep climb, followed by a breakdown and heavy drawdown. The current cycle shows signs of following the same pattern. Peter Brandt stated,  “There have been five major bull market cycles in $BTC since inception. In all previous cycles the violation of the dominant parabolic advance has been followed by a 75%-plus correction.” Source:Peter Brandt/X However,  His chart shows past peaks where the price sharply reversed after breaking the curve of each advance. Bitcoin’s recent flattening curve on the same chart has sparked caution. If it follows earlier patterns, deeper losses could follow unless the… The post Bitcoin Bearish Until $93K? Bulls Must Break This Level appeared on BitcoinEthereumNews.com. Key Insights: Bitcoin price stuck below $93K as whales increase longs—market expects short-term correction ahead. Historical cycles show major drops follow parabolic breakdowns—$93K remains a critical resistance level. Whale behavior signals delay in breakout—pullback likely before any sustainable BTC rally begins. Bitcoin Bearish Until $93K? Bulls Must Break This Level Bitcoin was trading at $86,065.10, posting a 5.9% drop in the past 24 hours and 0.3% over the last 7 days. Selling pressure has returned, with the price staying below the $93,000 resistance zone. Market watchers have pointed to this level as a turning point for trend reversal. On the 4-hour chart, Bitcoin is still moving inside a falling channel, suggesting that sellers remain in control.  Analyst Captain Faibik noted,  “As long as $BTC bulls don’t reclaim the 93k resistance level, the market will remain in bearish territory.”  The recent bounce from the lower channel line has not changed the larger direction. Price was hovering below a known supply zone just under $93K. Without a clean move above this level, buyers may continue to struggle to shift the short-term trend. Historical Setups Show Repeated Breakdown Patterns A long-term chart posted by trader Peter Brandt tracks Bitcoin through five major upward cycles. Each one ended after a steep climb, followed by a breakdown and heavy drawdown. The current cycle shows signs of following the same pattern. Peter Brandt stated,  “There have been five major bull market cycles in $BTC since inception. In all previous cycles the violation of the dominant parabolic advance has been followed by a 75%-plus correction.” Source:Peter Brandt/X However,  His chart shows past peaks where the price sharply reversed after breaking the curve of each advance. Bitcoin’s recent flattening curve on the same chart has sparked caution. If it follows earlier patterns, deeper losses could follow unless the…