Technical Signals Indicate Bitcoin Faces Potential Decline to $100K Amid Bearish Momentum Divergence

Bitcoin’s rally is showing signs of fatigue as key momentum indicators point to a possible retracement toward the $100,000 support zone, though the broader bullish trend remains intact.

The cryptocurrency, currently hovering around $108,000, continues to trade within its well-established ascending channel that propelled it from $75,000 to over $110,000. However, recent price action has lacked strong upward momentum, despite news of a $3 billion crypto purchase plan by the Trump family’s media company.

A bearish divergence is emerging on the 30-day rate of change (ROC) indicator, which measures price momentum over the past month. While Bitcoin’s price continues to climb, the ROC is making lower highs, signaling a weakening in upward strength.

Additionally, the MACD histogram on the daily chart has flipped negative, reflecting a potential bearish shift.

Together, these signals suggest Bitcoin could dip out of its bullish channel, revisiting the critical psychological support at $100,000.

Still, the overall market outlook remains constructive, bolstered by a recent golden cross between the 50-day and 200-day moving averages, signaling sustained long-term strength.