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Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt | Global News Avenue

Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt

Bitcoin is making a comeback after struggling to fall to $85,211, but the lack of strong momentum is raising doubts about recovery. Despite buyers’ attempts to regain control, technical indicators show that bullish forces remain fragile, raising concerns about whether BTC can maintain its sustainability Rebound Or face another callback.

As key resistance levels move forward and market sentiment remains uncertain, Bitcoin’s next move remains unpredictable. If buyers fail to build enough momentum, BTC may struggle to drive higher developments, making it vulnerable to new sales pressures.

Bitcoin tries to rebound

BTC current Price action It shows that the Bulls are working to rebound from the 85,211 support level after a sharp decline. The attempt came after a period of strong bearish pressure, which was exacerbated when Bitcoin faced heavy resistance of $93,257 and failed to move upward.

Despite some signs of stability, technical indicators indicate that the bullish momentum is still weak. The lack of strong buying pressure has raised concerns about whether BTC can maintain its current rebound attempt or another situation is coming. Additionally, the price is still below the 100-day simple moving average (SMA), and the signal still dominates the market.

Bitcoin

In addition, the MACD line and signal lines are lower, suggesting a possible drop Bullish momentum. If these two lines continue to go down and step into the negative zone, it may indicate a trend shift in favor of bears. This weak performance suggests that buying pressure is not sufficient to maintain meaningful recovery, thereby increasing further risk of defects.

confirm Bearish Cross-borders may enhance sales advantages, making it difficult for BTC to resume upward trends. To regain control of the bulls, a surge in purchasing activity is required to restore the MACD indicator to a positive trend. Traders should pay close attention to key support and resistance levels to confirm the next trend direction

Potential plan: rebound or another leg?

if bull Bitcoin successfully defends the $85,211 support level, which can hold mitigation rally and drive prices directly to drive prices Resist $93,257. A decisive breakthrough above this critical level could open the door to a stronger bullish push, pushing BTC to $100,000. Such a move will restore market confidence and attract more buyers, thereby increasing the possibility of sustained upward growth.

But once Bitcoin is unable to gain momentum, momentum below $85,211 may accelerate losses. In this case, BTC may test lower support levels before stability is found, possibly around $73,919 or even $65,082.

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