Bitcoin has climbed back above $80,000 after an 8.5% rebound, but analysts now see early signs of cooling momentum. Technical analyst Ali Charts has flagged a fresh TD Sequential sell signal on the 4-hour chart, Ted Pillows is watching the $83,000 level, and analyst Coin Signals points to overbought readings and downside leverage as potential risks, with the $80,500-$81,000 zone acting as the next key resistance.

Ali Charts said the TD Sequential indicator flashed a sell on Bitcoin's 4-hour chart, after its previous buy signal preceded the latest advance. The TD Sequential is a timing indicator designed to flag potential exhaustion points in a price trend, so a sell setup following a stretch of gains is often read as a sign the move may be losing steam. In a post on X, the analyst said the reading suggests short-term momentum could be stretched, and is watching for signs that traders may begin taking profits following the recent move.

Ted Pillows, meanwhile, said Bitcoin appears set to close above its 50-week moving average — a long-term trend gauge traders often use to separate broader bull and bear phases — adding that BTC needs to break above $83,000 to confirm the bottom. Read together, the potential weekly close above a long-term trend gauge and a short-term sell signal on the lower timeframe capture the tension between recovery and near-term exhaustion running through the current rebound.

Coin Signals observed that Bitcoin held firm despite four to five major bearish headlines, but warned that another, larger bearish catalyst could challenge the current strength. The analyst also flagged overbought readings on some timeframes and significant downside leverage, cautioning that if that leverage unwinds, the resulting move could be sharp.

Price Action Centers Near the Local High

Bitcoin traded at $80,302 on the 4-hour chart, according to chart data on TradingView, with the latest candle reaching $80,584. The price later slipped back to $80,107, showing selling pressure near the session high, where analysts have flagged the next resistance band.

The recovery began around Sept. 16, when BTC traded near $75,000-$76,000. Price then formed higher lows and climbed above $77,500 and $79,000. By Sept. 19, Bitcoin had reached roughly $80,800-$81,000, and the latest trading has centered near that local high.

The next resistance sits around $80,500-$81,000. A sustained break above that zone could expose $82,000-$82,500, while support remains at $79,000. Below that, the chart shows $77,500 the next support, followed by $75,000-$76,000.

Momentum Indicators Stay Positive

The relative strength index (RSI) is at 61.02, while its moving average stands at 70.61. RSI remains above the 50 midline but below the 70 overbought threshold. The MACD also remains positive, with its line at 1,076.42 above the 988.24 signal line, and the histogram at 88.18. Taken together, the readings indicate that momentum has not yet turned negative.

Even so, analysts warn that overbought conditions on some timeframes and significant downside leverage could amplify a pullback, with $79,000, $77,500, and $75,000-$76,000 marking the downside chart levels. With Bitcoin back above $80,000 and the $83,000 confirmation level still overhead, upcoming sessions will show whether the rebound can absorb the flagged resistance or whether the sell-side signals precede a pause.