$BTC Breakdown Below Key EMAs Puts Bears in Control
Current Price: $85,976 (-3.87% 24H). Sharp sell-off from $90k with price firmly below EMA(7/25/99), momentum remains bearish on 1H.
🎯 SHORT Entry: $86,200 – $87,200
TP1 $84,800
TP2 $83,200
TP3 $80,500
Stop Loss $88,900
As long as BTC fails to reclaim the $88.5k–89k EMA resistance zone, downside risk dominates the structure. A daily close back above $89k would weaken the bearish bias, but for now rebounds are likely to be sold.
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BTCUSDT
Perp
86,456.1
+0.45%