Bitcoin Price Prediction: Trendline Loss Puts $90k Support at Risk
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- Bitcoin remains pinned below a descending trendline and the 20–50 EMA cluster, keeping rebounds capped near $96,000–$98,000.
- Spot outflows persist and futures open interest declines, signaling ongoing deleveraging rather than renewed accumulation.
- A break below $89,000 risks acceleration toward $85,000, while bulls need a reclaim of $96,000 to shift momentum.
Bitcoin trades near $90,500 at press time, after spending another session pinned below its descending trendline and major EMA resistance. The market remains compressed between falling resistance and rising short-term support, keeping traders focused on whether buyers can defend the $90,000 zone as outflows and leverage unwind.
Trendline Pressure Keeps Upside Capped
On the daily chart, Bitcoin continues to trade beneath a well-defined descending trendline drawn from the $126,000 pe…
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Bloomberg Strategist Warns of ‘Sell-the-News’ Event Sending Bitcoin to $10K
Bitcoin Price Prediction: BTC Extends Fragile Phase as Technical Pressure, Flows, and Macro Signals Converge
Bitcoin Price Prediction: Trendline Loss Puts $90k Support at Risk
Поделиться:
- Bitcoin remains pinned below a descending trendline and the 20–50 EMA cluster, keeping rebounds capped near $96,000–$98,000.
- Spot outflows persist and futures open interest declines, signaling ongoing deleveraging rather than renewed accumulation.
- A break below $89,000 risks acceleration toward $85,000, while bulls need a reclaim of $96,000 to shift momentum.
Bitcoin trades near $90,500 at press time, after spending another session pinned below its descending trendline and major EMA resistance. The market remains compressed between falling resistance and rising short-term support, keeping traders focused on whether buyers can defend the $90,000 zone as outflows and leverage unwind.
Trendline Pressure Keeps Upside Capped
On the daily chart, Bitcoin continues to trade beneath a well-defined descending trendline drawn from the $126,000 pe…
Read The Full Article Bitcoin Price Prediction: Trendline Loss Puts $90k Support at Risk On Coin Edition.
В этой новости
Монеты
$ 87.46K
+0.50%Поделиться:
В этой новости
Монеты
$ 87.46K
+0.50%Поделиться:
Читать больше
Bloomberg Strategist Warns of ‘Sell-the-News’ Event Sending Bitcoin to $10K