Bitcoin recently broke below the 100-day moving average at $97K, triggering a sharp sell-off that pushed the price beneath the $80K threshold.
However, a strong rebound from the 200-day MA at $80K has brought the price back toward $90K, suggesting a potential sideways consolidation phase in the short term.
Technical Analysis
By Shayan
The Daily Chart
Bitcoin’s decline below the 100-day MA signals increased selling pressure, fueled by market uncertainty surrounding the escalating tariff war started by President Trump. However, the 200-day MA at $80K has provided strong support, aligning with the key 0.5-0.618 Fibonacci retracement range.
Given the prevailing market conditions, Bitcoin is likely to consolidate within the range set by the 100-day and 200-day MAs before a decisive move occurs.
The 4-Hour Chart
In the lower timeframe, BTC broke below a multi-month ascending channel, marking a potential shift toward a bearish market structure. The price has since been fluctuating within a
We współpracy z: https://cryptopotato.com/bitcoin-price-analysis-caution-flags-as-btc-tests-90k/
