coin-img-CYSCYS-24.49%coin-img-ETHETH+0.13%coin-img-BTCBTC+0.28%coin-img-UCNUCN+0.56%coin-img-SOLSOL+0.57%coin-img-XRPXRP+1.30%coin-img-USDCUSDC+0.00%coin-img-ASTERASTER-8.11%coin-img-CYSCYS-24.49%coin-img-ETHETH+0.13%coin-img-BTCBTC+0.28%coin-img-UCNUCN+0.56%coin-img-SOLSOL+0.57%coin-img-XRPXRP+1.30%coin-img-USDCUSDC+0.00%coin-img-ASTERASTER-8.11%coin-img-CYSCYS-24.49%coin-img-ETHETH+0.13%coin-img-BTCBTC+0.28%coin-img-UCNUCN+0.56%coin-img-SOLSOL+0.57%coin-img-XRPXRP+1.30%coin-img-USDCUSDC+0.00%coin-img-ASTERASTER-8.11%coin-img-CYSCYS-24.49%coin-img-ETHETH+0.13%coin-img-BTCBTC+0.28%coin-img-UCNUCN+0.56%coin-img-SOLSOL+0.57%coin-img-XRPXRP+1.30%coin-img-USDCUSDC+0.00%coin-img-ASTERASTER-8.11%
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Steven Walgenbach

Bitcoin Price Holds Above $87,000 Support as Momentum Indicators Show Weakening Bearish Pressure

On the daily timeframe, Bitcoin is trading below its short- and medium-term exponential moving averages while consolidating above demand in the $87,000 region. Momentum tools such as MACD and RSI show fading downside pressure, but multiple resistance zones between the upper $87,000s and mid-$92,000s continue to cap upside attempts. Traders are focusing on whether price can reclaim key averages or close below support to confirm the next directional move.
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