$BTC is currently trading around $89,200, hovering just below the critical 50-day EMA. After a brutal 6-session losing streak—the longest since 2024—the price action is finally showing signs of stabilization.
🔍 The Bullish Path: If BTC can reclaim and close a 4H candle above $90,300 (50-day EMA), we look for a quick move toward the $92,700 resistance. Reclaiming this zone would invalidate the bearish momentum.
💡The Bearish Risk: If we lose the $87,500 support, the next stop is a psychological retest of the $84,250 demand floor.
