🚨 Bitcoin Technical Analysis Update!
#Bitcoin has faced a sharp pullback, unable to sustain price levels above the 90k mark. This drop pushed $BTC below the support of its key trendline, highlighting a breakdown in upward momentum. Notably, a "death cross" has also formed, where the short-term moving average crossed below the long-term moving average—an indicator that typically signals a bearish trend reversal.
Traders should keep an eye on support zones below, as well as any potential recovery that might bring BTC back above key resistance points to reassess the trend. 👀