Bitcoin's weekend bounce is looking more like a retest than a real comeback, according to a handful of TradingView analysts. The move stalled around $64,000–$65,000 — a zone that's been flagged as the ceiling for any near-term rally. If sellers hold that line, the next stop could be $54,000 or lower.
Why the $64,000–$65,000 zone matters
Analyst DomicChaina points to the $64,000–$65,000 area as the key ceiling, noting that buyers need stronger follow-through to break it. An EMA cluster sits at $64,050–$64,970, adding technical weight to that range. On the hourly chart, analyst Milad_sangari sees a channel breakdown and a retest happening right near the $63,600–$63,980 resistance. That's a lot of overhead supply stacked in a tight band.
Bearish targets: $54,000 and below
SHAY_ANALYTICS is more direct: Bitcoin remains bearish as long as it trades below former triangle support and the Ichimoku cloud. Immediate resistance sits at $73,200, with major resistance near $75,600 — both far above current prices. The downside targets are $54,000 and $47,500. That's a potential 15%–25% drop from here if the current resistance holds.
The condition behind the bearish view
None of this is set in stone. The analysts make clear that the bearish thesis is conditional. If Bitcoin manages to reclaim those key resistance zones and hold, the bearish case weakens. A clean break above $64,000–$65,000 could open the door to a stronger relief move. But a failed attempt near that zone keeps pressure on lower supports. So the next few sessions are decisive: either buyers step up and push through, or the retest turns into a fresh leg down.
