2026-05-21 20:30:52
If You’re Looking To Bitcoin Above $90,000, This Analyst Says To Watch This Bearish OB Level
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A crypto analyst is urging traders and investors to keep a close eye on a bearish Order Block (OB) level on the Bitcoin (BTC) price chart. According to the expert, this OB level sits within a critical zone near $90,000, which could determine BTC’s next directional move, with the cryptocurrency either continuing to the upside or experiencing a sharp rejection toward lower levels. With Bitcoin currently trading around $77,000, a positive reaction to this OB level could open the door for a fresh price rally. Bitcoin’s Bearish OB Level Signals Make Or Break Zone A TradingView crypto analyst known as ‘Fullpriceaction’ has shared a fresh Bitcoin analysis, predicting a bearish and bullish price outlook depending on how the leading cryptocurrency reacts to a critical level. The analyst described this area as a “bearish OB level,” which is a price zone where large institutional players such as hedge funds, market makers, and banks placed heavy sell orders before a significant price drop. Related Reading: Why The $65,000 Region Is Important As Bitcoin Gears Up To Face Massive Resistance At These Levels Fullpriceaction noted that Bitcoin’s bearish OB level is currently sitting between the $94,000 and $98,000 range. At the time of writing, this order block level sits far 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 trigger a significant pullback in Bitcoin’s price, which is already weighed down by widespread volatility and market fear. On the bullish side, Fullpriceaction has forecasted that a clean break above the critical level could completely invalidate BTC’s bearish structure, potentially paving the way for a fresh bull run. With these possible moves on the horizon, the crypto expert is urging investors and traders to manage their risk carefully. He noted that the Bitcoin price has been in a severe bear market since its January highs near $98,000. The leading cryptocurrency has been grinding through a slow, prolonged consolidation phase, with its price largely trading between $64,000 and $76,000. Despite the bearish pressures restricting its price action, Fullpriceaction noted that Bitcoin was steadily building a solid base that eventually led to a breakout and a strong bullish impulse in April. Analyst Predicts BTC’s Crash To $70,000 In Days In a separate analysis on X, crypto market expert Alex Mason predicted that the Bitcoin price could crash to $70,000 within just a few days. Following this decline, the analyst expects the leading cryptocurrency to continue its downside trajectory. He projects a drop from its current price of around $77,000 to $73,000, then to $68,000 and $71,000, before ultimately plummeting toward $60,000. Related Reading: The 3 Bitcoin Rules That Tell When The Bear Market Is Fully Over Looking further ahead, Mason has placed BTC’s final market bottom somewhere around Autumn 2026, between September and December. His chart places this price floor around $30,000, representing a staggering decline of more than 61% from present levels. Featured image from Getty Images, chart from Tradingview.com