Bitcoin is trading less than 90 thousand dollars, with bulls defending actively for the main order to start the recovery stage. However, fear and uncertainty continues to control market morale, as many investors predict that Bitcoin may have already reached the top of the course. The last correction of the concerns about the potential decline phase intensified, leaving merchants on the edge of the abyss.
Despite the increasing pessimism, the data on the chain indicates that bitcoin can approach a recovery. Cryptoquant data reveals that the Bitcoin merchant on the series realized that the margin of loss is currently -14 %, a historically previously recovery level.
While BTC is still under pressure, this type of sales activity is widely put a sign of local bottoms before recovery. If Bitcoin is able to keep the main support levels and restore momentum, it may follow the strong recovery phase.
However, if the bulls fail to regain control soon, the additional negative side movement remains a possibility. The next few days will be very important in determining whether Bitcoin can get rid of homosexuality or communicate with their path down.
Will Bitcoin follow this historical trend?
Bitcoin is moving in a volatile and unconfirmed economic environment, as global commercial wars and new technological developments add market instability. The recent decline in prices led to increased interests, which led investors to a feeling of risks.
Negative news and uncertainty continues to influence the BTC, making the 90,000 dollar level a decisive barrier to be recovered to maintain the long -term upward trend. If Bitcoin fails to break this level soon, the bullish trend may be in danger, which leads to more negative side.
Despite these challenges, the data indicates that the potential recovery can be on the horizon. Cryptoquant visions shared by the analyst Ali Martinez on x It reveals that Bitcoin rises historically when the trading trading trading trading margin of the loss by 12 %.
Currently, this scale reaches -14 %, indicating that BTC can approach a reflection point. This level indicates that merchants were selling in loss, and often indicating surrender before recovery.
Since the market is under serious pressure, the bulls actively defend the main demand levels that can put BTC for a fast recovery. If Bitcoin bears the highest cash support and investor confidence returns, it may follow a sharp step to the upward trend. The coming days will be very important in determining whether BTC can restore strength or whether the downward feelings will continue to control price procedures.
The price exceeds 85 thousand dollars: Can BTC rise?
Bitcoin is trading at 85,900 dollars after it was subjected to a massive sale pressure, which prompted the price to $ 78100 earlier this week. Bulls has lost control during this sharp decline, but BTC has been recovering since then, after both the moving averages for 200 days (MA) has now held at 82 thousand dollars and the average SIA movement for 200 days (EMA) at 85.5 thousand dollars. These technical levels are decisive to determine the next stage of prices.
If BTC remains higher than the level of 85 thousand dollars, it may indicate the stabilization stage, which paves the stage for a strong payment above 90 thousand dollars in the coming days. However, uncertainty in the market is still high, as investors closely monitor whether this recovery can maintain momentum. A break above 90 thousand dollars will be a strong confirmation of the upward strength, which may lead to a recovery gathering.
On the other hand, if BTC loses the support of 85 thousand dollars, the sale pressure may increase again, which leads to withdrawing the price towards low demand levels. Correction of deepest less than 82 thousand dollars would expose BTC to the risk of re -testing its lowest levels of about 78 thousand dollars, which may lead to an increase in admiration of the Haboodi feelings. The next few trading sessions will be very important in determining whether BTC can restore upward momentum or if the additional downside is in the future.
Distinctive image from Dall-E, the tradingView graph
