#BTCOutlook

**Bitcoin Price Outlook – Searching for Buyer Support**

Bitcoin saw a sharp decline early in Friday’s trading session but seems to have found support at the 50-day EMA. Despite the recent volatility, the long-term trend remains bullish.

**Bitcoin Technical Analysis**

The Bitcoin market has been quite turbulent recently, but Friday’s price action could mark the beginning of a recovery. The bounce at the 50-day EMA suggests that traders may view this as an opportunity to buy Bitcoin at a discounted price following its 15% drop.

Looking ahead, Bitcoin is likely to establish a trading range, potentially between $90,000 and $110,000. This setup appears to be a classic “buy the dip” scenario, with Bitcoin poised to stabilize and consolidate within a defined range.