If You’re Looking To Bitcoin Above $90,000, This Analyst Says To Watch This Bearish OB Level

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.

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.