BTC Technical Outlook: Bitcoin Tests Critical Support as Selling Pressure Intensifies
BTC has fallen sharply toward the $86,000–$87,000 support zone, following repeated rejections near $117,000–$120,000, where a clear triple-top pattern developed. This strong topping formation triggered heavy bearish momentum, driving BTC below the 20 EMA ($98,800), 50 EMA ($105,100), and 100 EMA ($108,200) — confirming a full trend reversal.
The current candle shows only a mild reaction from support, signaling that bulls are still struggling to regain strength. A daily close below $86,000 would likely extend