Bitcoin’s buying pressure weakens: Traders, is it time to accumulate or exit?

• Bitcoin’s recent decline in buying pressure presents opportunities for short positions or accumulation
• Negative pressure zones could signal further downside or a chance for long-term investors to buy

Bitcoin [BTC] has seen a notable decline in buying pressure over the past 60 days, allowing selling activity to take the lead.

As the market shifts into negative territory, two key opportunities emerge.

One is for traders favoring short positions. Another is for those anticipating a continued downtrend, potentially providing a chance to accumulate Bitcoin at more favorable prices.

Bitcoin: Two key opportunities

The Buy/Sell Pressure Delta chart reveals a shift in the dynamics between buying and selling activity, with a noticeable decline in buying pressure over the past sixty days.

As a result, selling activity has taken the lead, pushing the market into negative pressure zones. These negative regions present two distinct opportunities for traders and investors to consider.

Source: Alphractal

In a market dominated by sell pressure, traders may capitalize on downward momentum by entering short positions.

Historically, negative pressure zones have aligned with continued price declines, creating potentially profitable opportunities for those betting on further drops.

On the other hand, high sell pressure often signals bearish sentiment, but it can also indicate potential accumulation zones for long-term investors.

If the downtrend continues, these investors may see this as an opportunity to accumulate Bitcoin at more favorable price levels, positioning themselves for a future recovery.

Analyzing buy/sell pressure: Key levels and divergence signals

The Buy/Sell Pressure heatmap offers a visual representation of how Bitcoin’s price reacts to fluctuations in buying and selling activity.

Source: Alphractal

Historically, areas with strong buy pressure, marked in green on the heatmap, align with support zones where the price stabilizes before moving up. 

Conversely, regions with high selling pressure, marked in red, correspond with resistance zones where price typically faces rejections and downward moves. 

Recognizing these patterns helps traders pinpoint critical levels for entry and exit.

In addition to resistance and support levels, divergences between price action and buy/sell pressure trends signal potential reversals.

 A bullish divergence occurs when price action makes lower lows while buy pressure increases, suggesting a potential rebound. 

However, bearish divergence happens when price action forms higher highs despite rising sell pressure, signaling a possible decline.

Will the BTC downtrend continue?

Bitcoin’s price was hovering around $95,912, at press time, struggling to maintain bullish momentum. The RSI was below the neutral 50 level, indicating weak buying strength.

Additionally, the OBV was declining, reflecting reduced accumulation and increased selling pressure.

Source: TradingView

If BTC fails to reclaim the $97,500 resistance, further downside toward $92,500 is possible. A breakdown below this level could trigger a deeper correction.

A bullish reversal would require stronger volume and an RSI rebound above 50. Until buying pressure returns, BTC remains at risk of extended downside.