Bitcoin Price Stays Below $90,000 As Key $90,500 Resistance Threatens Bullish Momentum
Bitcoin pulled back from the $92,500 area and briefly dropped under $88,000 before rebounding toward $90,000. The price is still trading below $90,000 and the 100-hour Simple Moving Average, facing major resistance near $90,500–$90,650 and higher hurdles at $92,000 and $92,500. If buyers cannot push BTC above $90,500, support levels around $88,550, $88,000 and $87,500 could be retested, with further downside risk toward $86,500 and $85,000.