📉 Bitcoin Price Outlook: Bulls Test Strength as Bears Hold Ground
Bitcoin is hovering near the $87K level, caught between hesitant bulls and persistent bears. While short-term charts hint at recovery, the broader trend remains under pressure.
🔍 Daily Chart Overview
RSI (41): Neutral, signaling market indecision
MACD (-1,799): Bearish momentum still in play
ADX (26): Weak trend strength, no clear directional control
The daily timeframe suggests Bitcoin needs stronger confirmation before any sustained reversal can be trusted.
⏱ 4-Hour Chart: Early Signs of Recovery
Price rebounded from $85,140 after dropping from $90,600
Possible double bottom or higher low formation
EMA 20 & SMA 20 near $89.8K remain key resistance
A breakout above $88K–$90K with volume could shift short-term sentiment.
⚡ 1-Hour Chart: Cautious Optimism
Higher highs and higher lows forming
Volume remains light, limiting conviction
A pullback toward $87K may act as a low-risk reaction zone
🐂 Bull Case
Short-term structure is improving. If Bitcoin clears $88.5K–$90K with strong volume, momentum could favor a broader upside move.
🐻 Bear Case
Long-term moving averages remain stacked overhead. Until $90K is convincingly reclaimed, rallies may be corrective rather than trend-changing.
🔑 Key Levels
Support: $85,000 – $87,000
Resistance: $88,500 – $90,000
Trend Shift: Sustained move above $90K with volume
📌 Bottom Line
Bitcoin is trading in a critical decision zone. Intraday setups show promise, but the daily chart still demands proof. Until then, price action remains cautious and range-bound.
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