Bitcoin has rebounded from its recent April lows and is showing early signs of stabilization, but analysts say price action remains fragile and key levels will determine what happens next. For now, the market is still trading below major resistance levels, meaning the correction may not be completely over yet.
Bitcoin maintains April lows, but rebound is limited
Bitcoin recently defended its April 2025 low, which is acting as important short-term support. Buyers intervened around this level, causing a slight rebound. However, analysts stress that this move is not yet a strong recovery, but rather a normal reaction after a sharp decline.
At current levels, Bitcoin remains trapped below the resistance level, suggesting that the market is still in a correction phase rather than a solid uptrend.
$74,000-$75,000 remains an important downside zone
On the downside, attention is focused on the $74,000 to $75,000 range. This zone has been closely monitored for weeks as a potential area where Bitcoin could form more meaningful lows. We believe there is still a chance that prices could briefly fall below April's lows and enter this range, especially if the broader market weakness continues.
Such a move is not necessarily bearish in the long term. In fact, the final push could help eliminate any remaining selling pressure before a stronger pullback occurs.
$80,500 is the most important level
On the upside, $80,500 is currently the most notable price. A clear break above $80,500 would be the first real sign that Bitcoin’s lows are likely to stick, especially if the strength continues thereafter.
The ideal scenario would be a breakout above this level, followed by a shallow drop above support. That means buyers are in control and prices are ready to rise.
Oversold signals support short-term rebound
Technical indicators indicate that Bitcoin is even more oversold than during some past market declines. Historically, situations like this often result in short-term relief rebounds, but they can be volatile and unstable at first.
Because of this, Bitcoin may attempt several pullbacks before a clear trend emerges. Initial gains can fail, so it is important to check through the price structure.
A further decline towards the mid-$70,000s cannot be ruled out, but the risk is becoming more balanced between buyers and sellers.
Over the next few days, all eyes will be on whether Bitcoin can break above support and eventually reclaim $80,500. Until then, volatility is likely to remain high and traders are advised to closely monitor price levels rather than relying solely on sentiment.
