{"id":114656,"date":"2025-11-21T03:17:25","date_gmt":"2025-11-21T03:17:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=114656"},"modified":"2025-11-21T03:17:25","modified_gmt":"2025-11-21T03:17:25","slug":"bitcoin-price-crashes-under-90k-triggering-fresh-fears-of-deeper-weakness","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=114656","title":{"rendered":"Bitcoin Price Crashes Under $90K, Triggering Fresh Fears of Deeper Weakness"},"content":{"rendered":"

Bitcoin price started another decline below $90,000. BTC is now showing bearish signs and might struggle to recover above $88,5000.<\/em><\/p>\n

Bitcoin started a fresh decline below $92,000 and $90,000.
\nThe price is trading below $90,000 and the 100 hourly Simple moving average.
\nThere is a bearish trend line forming with resistance at $91,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might continue to move down if it settles below the $90,000 zone.<\/p>\n

Bitcoin Price Dips Further<\/h2>\n

Bitcoin price failed to stay in a positive zone above the $90,000 level<\/a>. BTC bears remained active below $88,800 and pushed the price lower.<\/p>\n

The bears gained strength and were able to push the price below the $87,500 zone. A low was formed at $85,276, and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $92,872 swing high to the $85,276 low.<\/p>\n

Bitcoin is now trading below $90,000 and the 100 hourly Simple moving average<\/a>. Besides, there is a bearish trend line forming with resistance at $91,500 on the hourly chart of the BTC\/USD pair.<\/p>\n

If the bulls attempt another recovery wave, the price could face resistance near the $87,000 level. The first key resistance is near the $89,000 level and the 50% Fib retracement level of the recent decline from the $92,872 swing high to the $85,276 low.<\/p>\n

<\/a><\/p>\n

The next resistance could be $91,000 and the trend line. A close above the $91,000 resistance might send the price further higher. In the stated case, the price could rise and test the $92,500 resistance. Any more gains might send the price toward the $93,200 level. The next barrier for the bulls could be $94,500 and $95,000.<\/p>\n

More Losses In BTC?<\/h2>\n

If Bitcoin fails to rise above the $90,000 resistance zone, it could start another decline. Immediate support is near the $85,500 level. The first major support is near the $85,000 level.<\/p>\n

The next support is now near the $83,200 zone. Any more losses might send the price toward the $82,500 support in the near term. The main support sits at $80,000, below which BTC might accelerate lower in the near term.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $85,500, followed by $85,000.<\/p>\n

Major Resistance Levels \u2013 $87,000 and $89,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started another decline below $90,000. BTC is now showing bearish signs and might struggle to recover above $88,5000. Bitcoin started a fresh decline below $92,000 and $90,000. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $91,000 on the […]<\/p>\n","protected":false},"author":0,"featured_media":114657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-114656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114656"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114656"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/114656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/114657"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}