Author: Maham Arslan

Bitcoin trades near $86,600 as markets balance strong corporate accumulation, a weaker US dollar, and growing retail access against short-term technical pressure. American Bitcoin’s rapid rise into the top 20 BTC holders, MetaMask’s direct Bitcoin integration, and shifting Fed rate expectations are strengthening long-term demand, even as price consolidates inside a tight range. A decisive breakout now looks increasingly close.

American Bitcoin Enters Top 20 Bitcoin Holders Despite Stock Drop

American Bitcoin (ABTC) increased its reserves to roughly 5,098 BTC as of December 14 making it one of the top 20 publicly traded corporations holding Bitcoin. The corporation purchased Bitcoin from the market and conducted its own mining activities to build this holding. Additionally some Bitcoin will serve as security for transactions involving mining equipment with Bitmain.

Three months after going public on the Nasdaq American Bitcoin has experienced rapid growth. Additionally it revealed an increase in its Satoshis Per Share (SPS) measure which shows the amount of Bitcoin that supports each share. SPS increased by more than 17% in just one month showing increased shareholder exposure to Bitcoin. In order to better inform investors about its Bitcoin-focused approach the company intends to employ new indicators.

However amid a broader sell-off in the cryptocurrency industry ABTC shares recently plummeted, falling more than 50% in early December. Even when Bitcoin rises beyond $87,000, shares are currently trading close to $1.61.

JUST IN: 🇺🇸 Trump family backed American #Bitcoin increases its BTC holdings to 5,098 BTC.

Nothing stops this train 🚀 pic.twitter.com/I9ub8DuWBP

— Bitcoin Magazine (@BitcoinMagazine) December 16, 2025

Long-term Bitcoin demand is supported by the ongoing growth of Bitcoin in the United States. Even while there is still short-term market volatility consistent purchases by publicly traded firms raise Bitcoin values over time and solidify its position as a treasury asset.

Dollar Weakens After US Jobs Data, Bitcoin Rises

After delayed economic data showed higher-than-expected job growth in November the US dollar dropped against key currencies. The US economy exceeded market expectations by adding 64,000 jobs. The unemployment rate however increased from 4.4% to 4.6% prompting worries about a faltering economy.

The lengthy US government shutdown caused a delay in the statistics. Investors became more wary of potential interest rate reductions by the Federal Reserve after the announcement. At its January meeting, the Fed is currently expected by the markets to maintain current interest rates.

The dollar lost value in relation to the Swiss franc, Japanese yen, British pound and euro. The pound touched a two-month high ahead of the Bank of England’s policy announcement, while the euro reached its best level since September. Ethereum had a modest decline but Bitcoin saw a rise of almost 1% following four days of losses.

The U.S. dollar hovered around multi-week lows against the euro and yen on Tuesday as investors awaited U.S. economic data later in the session that could affect expectations for the Federal Reserve's policy path. https://t.co/eOqMBFyOHs

— Reuters Africa (@ReutersAfrica) December 16, 2025

As investors look for alternative assets during uncertain economic times a declining dollar boosts demand for Bitcoin and helps prices rise.

MetaMask Adds Direct Bitcoin Support to Its Wallet

One of the most well-known cryptocurrency wallets, MetaMask has formally enabled support for Bitcoin. Ten months have passed since the corporation first alluded to the change. Bitcoin may now be purchased, exchanged, sent and received right within the MetaMask wallet.

Bitcoin was previously exclusively accessible to MetaMask users via wrapped versions on Ethereum. Real Bitcoin transactions are now available with this update but MetaMask warned users that Bitcoin transfers are typically slower than Ethereum or Solana transactions.

Assets from several blockchains, including Ethereum, Solana, Sei, Monad, and Bitcoin, are now supported by the wallet. In order to promote Bitcoin usage within the software, MetaMask also gives reward points to users that swap into BTC.

LATEST: 🔗 MetaMask now supports Bitcoin, allowing users to buy, send and receive the cryptocurrency, with those making swaps into BTC earning rewards as part of a $30 million program ahead of its token launch. pic.twitter.com/lXWjk0lXf9

— CoinMarketCap (@CoinMarketCap) December 16, 2025

This release is a component of MetaMask’s larger effort to develop into a real multichain wallet. More blockchain connections are scheduled for 2026 according to the corporation.
Easy access to Bitcoin via MetaMask may increase trading activity and adoption which would eventually strengthen BTC pricing.

Bitcoin Technical Analysis

Bitcoin is trading near $86,600 on the 2-hour chart after slipping from recent highs, with price compressing inside a symmetrical triangle formed by a descending trendline from mid-December and a rising support trendline from late November. Recent candlesticks show long lower wicks around $85,200, signaling demand on dips, but upper wicks near $88,000 suggest sellers remain active.

Price is hovering below the 50-EMA near $87,900 and the 100-EMA around $90,600, keeping short-term momentum capped. The broader structure still respects the higher-low sequence, but a clear break is needed for direction.

Key support sits at $85,200, followed by $83,300, which aligns with a prior range low and a Fibonacci retracement of the November rally. Resistance is seen at $88,000, then $90,600.

RSI is near 45, showing weak momentum without oversold conditions. A triangle breakout is likely to set the next move.

Trade plan: Wait for a confirmed breakout of the triangle, go long above $88,000 targeting $90,600, or short below $85,200 targeting $83,300, with tight risk control.

Bitcoin price action remains volatile, but the bigger story sits beneath the surface. Corporate buyers are accelerating accumulation, China-linked mining shutdowns have triggered a sharp hashrate drop, and Michael Saylor’s Strategy just added nearly $1bn in BTC. As institutions absorb supply and network fundamentals adjust, Bitcoin trades near $87,200, testing whether strong demand can push prices back toward the $90,000–$92,500 zone.

Trump-Backed American Bitcoin Overtakes ProCap in BTC Holdings

Although recent price volatility corporate Bitcoin purchases are still going strong. Eric Trump-backed American Bitcoin has passed ProCap Financial in terms of total Bitcoin holdings. American Bitcoin has increased its overall reserves to 5,044 BTC or around $443 million since early December by adding more than 1,000 BTC.

Anthony Pompliano formed ProCap Financial which currently has about 5,000 BTC and is ranked significantly lower among corporate Bitcoin holders despite having recently expanded its holdings as well.

After combining with Gryphon Digital Mining and changing its name from American Data Center, American Bitcoin went public earlier this year. After financing $750 million to develop an investment platform centered around Bitcoin ProCap went public.

Even with significant price fluctuations for Bitcoin-linked stocks, businesses still purchase BTC. In just two weeks Michael Saylor’s Strategy added more than 20,000 Bitcoin.

🔥 BULLESH: Trump family-backed Bitcoin miner American Bitcoin Corp added 261 $BTC, bringing total holdings to 5,044 $BTC, per BTC Treasuries. pic.twitter.com/kMX7zx8Kfg

— Cointelegraph (@Cointelegraph) December 15, 2025

Despite short-term market volatility ongoing corporate growth supports prices by bolstering long-term confidence in Bitcoin.

China Shutdowns Linked to Sudden Drop in Bitcoin Hashrate

Jianping Kong a former co-chairman of mining Gear Company Canaan claims that in a single day Bitcoin’s network hashrate fell by almost 10%. He said that the closure of Bitcoin mining rigs in Xinjiang China was the reason for the dramatic decline.

According to Kong the network may have lost 400,000 mining computers which would have reduced it by nearly 100 terahashes per second. A significant decline is supported by YCharts data which shows hashrate dropping from roughly 1,053 TH/s to less than 943 TH/s in a single day. The reduction was abnormally significant even if hashrate numbers are estimates.

China used to dominate the majority of Bitcoin mining but government restrictions in 2021 diminished its influence. China is now thought to provide up to 20% of the world’s hashrate despite the fact that mining has quietly returned.

In the meantime, the US is increasing its mining capacity and solidifying its place in the world’s Bitcoin mining market.

🚨JUST IN: 🇨🇳China's mining shutdown hit Bitcoin hashrate.

Bitcoin network's hashrate dropped by ~100 EH/s yesterday, WuBlockchain reports.

Over 400,000 mining rigs reportedly went offline after mining farms in Xinjiang, China shut down. pic.twitter.com/T61P5pTNnB

— Coin Bureau (@coinbureau) December 15, 2025

A brief decline in hashrate may result in short-term uncertainty but it frequently prompts changes to mining difficulty which support long-term network strength and stabilize Bitcoin.

Strategy Buys Nearly $1B in Bitcoin Despite Market Slump

Even with recent market weakness, Michael Saylor’s bitcoin-oriented company Strategy has added about $1 billion worth of Bitcoin. The corporation paid an average of $92,098 per coin to purchase 10,645 Bitcoin for around $980 million.

Strategy is now the world’s largest corporate Bitcoin holder with a total of 671,268 BTC thanks to their most recent acquisition. In just two weeks, the corporation has now purchased over 20,000 BTC representing a significant belief in the long-term worth of Bitcoin.

plan’s stock fell more than 60% from its high and Bitcoin prices fell but the company stuck to its plan of accumulating Bitcoin. Additionally, Strategy has established a $1.44 billion US dollar reserve to fund dividend payments and allay investor worries in times of market volatility.

🔥 BULLESH: Trump family-backed Bitcoin miner American Bitcoin Corp added 261 $BTC, bringing total holdings to 5,044 $BTC, per BTC Treasuries. pic.twitter.com/kMX7zx8Kfg

— Cointelegraph (@Cointelegraph) December 15, 2025

Strategy’s large-scale purchases indicate strong institutional confidence and support Bitcoin’s long-term outlook which helps reduce downward pressure during market downturns.

Bitcoin (BTC/USD) Technical Analysis

Bitcoin (BTC/USD) is trading near $87,200 on the 4-hour chart after rebounding from a key support zone around $85,200. Price briefly dipped below this level but quickly recovered, forming a long lower wick, a sign buyers defended the area. This zone also aligns with a rising trendline from late November, keeping the broader structure intact. From a market structure perspective, BTC is still forming higher lows, although momentum has slowed.

Price remains below the 100-EMA near $94,000, which continues to cap upside attempts, while the 50-EMA around $90,000 now acts as near-term resistance. This creates a short-term range between $85,200 support and $90,000 resistance. RSI has rebounded from oversold territory and is hovering near 45, suggesting selling pressure is easing but bullish momentum hasn’t fully returned. No clear bullish engulfing or breakout candle has appeared yet, indicating consolidation rather than trend reversal. A sustained hold above $85,200 keeps the upside scenario alive toward $90,000 and $92,500, while a break below $85,000 could expose $83,300 next.

Bitcoin is lingering just shy of $89,800, still trying to regain its footing after that pretty sharp correction it took last month. While it was still just a metre or so shy of the $90,000 mark, the price action suggested a market more paused than panicking. As we head into the holiday season, the big investment desks have been winding down their activity a bit, and liquidity has really thinned across most major exchanges.

This slowdown isn’t because people are getting bearish on the whole thing. No, what we’re seeing is a lot of traders just seeming a bit reluctant to put down any big bets on where the price is headed next – not so much because they think the price is going to tank, more that they don’t have a clear enough signal to go all in.

Trading volumes have been easing steadily through November and December, and things have been subdued across both private and institutional investors. What we’re seeing is a market that’s stuck in a state of digestion, taking a break after all the gains it made and waiting for some fresh catalysts to kick things off again.

October’s $113K High Still Defines Sentiment

The reason bitcoin is having such trouble right now is that it’s having a sharp reversal from its October peak of $113,000. That was a real wild ride and really reset expectations for what was possible – and since then, the market’s been in a pretty risk-averse mood, shifting from chasing big gains to trying to control risk.

Looking at the data, we can see this shift all too clearly:

• Trading volumes have declined in December
• Implied volatility continues to drift lower
• Reduced liquidity limits follow-through on breakouts

Glassnode was recently pointing out that falling volume doesn’t necessarily mean that interest is fading – people are just taking a defensive position and waiting to see what happens next.

Bitcoin (BTC/USD) Technical Structure Favors Consolidation

From a purely technical standpoint, things are looking pretty stable for Bitcoin right now – it’s successfully defended that $88,000–$88,200 support zone, and on the four-hour chart, we can see that recent candles are showing long lower wicks followed by pretty small-body closes, which is all indicative of dip-buying rather than any real panic or forced selling. And the price is still holding above that rising trendline from late November, so the short-term outlook is still pretty solid.

However, there is one big fly in the ointment: a lot of overhead resistance is still sapping the price’s progress.

Right now, Bitcoin is capped by:

• The 50-EMA near $90,000
• The 100-EMA around $94,000
• A prior rejection zone near $99,000–$100,000

Key levels to watch:

• Resistance: $91,200, then $94,250
• Support: $88,000, followed by $86,500 and $84,600

RSI is sitting around 45, so there’s definitely no oversold stress showing up, which is making a weak momentum situation look a lot more like a continued range-trading scenario than an immediate breakout.

What Comes Next for Bitcoin?

Analysts have been describing this phase as institutional fatigue. After months of ETF-driven inflows, the big funds aren’t making the same allocations as before, and they’re all de-risking ahead of year-end. Until we see some improvement in liquidity and trading volumes start to come back, I think we’re going to be stuck in this range-bounded position for a while yet.

But if we do get a decisive move above $91,200, that could be enough to shift things higher. Until then, though, patience, not panic, is definitely the dominant mindset – at least that’s what the traders are saying.

Bitcoin traded around $92,178 on Friday, gaining nearly 2% over the past 24 hours as a symbolic milestone unfolded on Wall Street. The New York Stock Exchange revealed a new “disappearing” statue honoring Bitcoin’s creator, Satoshi Nakamoto — a recognition that would’ve been unthinkable during earlier years when the crypto sector was often dismissed by traditional finance.

Satoshi Nakamoto Statue Installed at NYSE in Major Symbolic Moment

A new “disappearing” statue of Bitcoin developer Satoshi Nakamoto has been revealed by the New York Stock Exchange. The sixth of 21 planned monuments to be erected worldwide is this piece of art by Italian artist Valentina Picozzi. There are already statues in Miami, El Salvador, Japan, Vietnam and Switzerland.

In contrast to previous years when Bitcoin was mostly disregarded or denounced on Wall Street the NYSE characterized the monument as a sign of the expanding relationship between traditional banking and the cryptocurrency industry. Twenty One Capital a Bitcoin-focused company started trading this week coinciding with the installation.

Additionally, the period coincides with the anniversary of Satoshi’s December 2008 inception of the Bitcoin mailing list. More than 3.7 million BTC are currently held by public companies, private businesses, ETFs and even nations demonstrating the progress that Bitcoin has made.

JUST IN: 🇺🇸 Jack Mallers’ Twenty One places a statue of Satoshi Nakamoto in the New York Stock Exchange.#Bitcoin is taking over Wall Street 🙌 pic.twitter.com/AxL98zFqi6

— Bitcoin Magazine (@BitcoinMagazine) December 11, 2025

Bitcoin prices may be supported by this symbolic acknowledgment at the NYSE which increases optimism and fortifies confidence.

Bitcoin Treasury Growth Slows in Q4, but Big Companies Keep Buying

The use of Bitcoin Treasury has drastically decreased in the fourth quarter of 2025. While 53 new treasury companies added Bitcoin to their balance sheets in Q3 just nine organizations have done so thus far this quarter. In 2025, 117 new businesses accepted Bitcoin, however the majority of them only have modest holdings.

Some businesses have even sold their holdings or put a halt to operations. While UK-based Satsuma Technology sold 579 BTC worth roughly $53 million Japan’s Metaplanet ceased purchases for two months.

The biggest corporate holdings continue to accumulate notwithstanding this downturn. The largest corporate Bitcoin holder, Strategy, made its largest purchase since July this week, purchasing $962 million in BTC. More over 1 million BTC, or 4.7% of the total supply, are currently held by public firms, with an additional 7% held via Bitcoin ETFs.

Blackduck says Bitcoin treasuries stall in Q4, but largest holders keep stacking sats Quacktastic news pic.twitter.com/yV3IKGrd1Y

— blackduck (@blackducktradfi) December 11, 2025

Even if smaller participants slow down large companies’ continued purchases of Bitcoin maintain price strength and demonstrate long-term confidence.

Klarna and Privy Collaborate to Investigate Crypto Wallets

Only a few weeks after introducing its KlarnaUSD stablecoin the Swedish finance behemoth Klarna is branching out into cryptocurrency. The business has now teamed up with Privy a Stripe-owned cryptocurrency wallet infrastructure platform to investigate and create additional capabilities for its users.

Klarna believes that with more than 114 million users it is well-positioned to provide common people with easy-to-use and secure cryptocurrency solutions. Through upcoming wallet capabilities the alliance hopes to make it simple for consumers to store, send and utilize digital assets.

More than 100 million accounts are currently supported by Privy, which also integrates with popular cryptocurrency apps like OpenSea.

KlarnaUSD is presently on Tempo’s testnet and is anticipated to launch in 2026. According to the business, it may reduce the cost of international payments. Additionally Klarna alluded to the possibility of future cryptocurrency-related announcements.

JUST IN: Fintech giant Klarna to develop #Bitcoin and crypto wallet features within its financial products.

Bullish 🚀 pic.twitter.com/UChKCUyOzZ

— Bitcoin Magazine (@BitcoinMagazine) December 11, 2025

This action raises market confidence and expands the use of cryptocurrencies both of which can help Bitcoin prices.

Bitcoin Technical Outlook

Bitcoin is trading near $92,240, consolidating within a narrowing structure formed by resistance at $94,612 and rising trendline support from early December. Recent candles show repeated upper-wick rejections around $94,000, signaling persistent selling pressure. The 50-EMA near $92,600 continues to cap intraday attempts higher, while the 200-EMA at $95,700 remains the key breakout level.

RSI sits near 45, pointing to slowing momentum without a clear reversal signal. A drop below the ascending trendline could expose $91,599, followed by $88,628 if sellers strengthen.

A decisive close above $94,612 would target $96,788 and $99,207, an area reinforced by Fibonacci resistance and long-term moving averages. Until price escapes this triangle, Bitcoin is likely to remain range-bound.

Bitcoin’s institutional momentum accelerated this week as PNC Bank became the first major U.S. bank to offer direct BTC trading, the CFTC opened derivatives markets to crypto collateral, and Jack Mallers’ Twenty One Capital debuted on the NYSE with a $3.9bn Bitcoin treasury. Together, these developments strengthen liquidity, broaden access, and reinforce bullish sentiment across the BTC ecosystem.

PNC Becomes First Major U.S. Bank to Offer Direct Bitcoin Trading Through Coinbase

With its own digital banking platform, PNC Bank is now the first significant U.S. bank to allow qualified Private Bank customers to directly purchase, sell and keep Bitcoin. The tool makes advantage of Coinbase’s Crypto-as-a-Service architecture which maintains the client experience entirely inside PNC’s system while managing trade, custody and settlement in the background.

This action is a significant step toward integrating spot Bitcoin trading into conventional wealth management and comes after PNC’s previous collaboration with Coinbase. It coincides with Bank of America allowing advisors to suggest a 1%–4% cryptocurrency investment, indicating a broader change on Wall Street.

According to PNC the new service allows high-net-worth customers to access regulated, safe Bitcoin through accounts they currently have.

In later stages, PNC intends to increase Bitcoin access for other clientele including institutional investors.

💥 JUST IN: 🇺🇸 PNC Bank partners with Coinbase to allow private clients to buy and hold Bitcoin in existing accounts

The first such offering by a major U.S. bank

The banks are flocking to Bitcoin 👀 pic.twitter.com/w6iStrr11B

— Bitcoin Archive (@BitcoinArchive) December 9, 2025

A major sign of widespread acceptance is a leading American bank that offers direct Bitcoin trading. This stimulates demand from affluent customers, strengthens institutional confidence and overall supports the bullish momentum for Bitcoin prices.

CFTC Pilot Opens Door for Crypto Collateral in Derivatives Markets

Bitcoin, Ether and USDC can now be accepted as margin collateral in derivatives trading by futures commission merchants thanks to a significant pilot program started by the U.S. Commodities Futures Trading Commission (CFTC). The program incorporates strong weekly reporting guidelines to guarantee openness, client safety and appropriate risk management as announced by acting chair Caroline Pham.

This upgrade provides new guidelines on tokenized real-world assets, segregation regulations and legal standards in addition to replacing previous limits. Additionally the CFTC released a no-action stance endorsing the use of payment stablecoins as collateral for margin.

Leaders in the cryptocurrency business warmly applauded the action, describing it as a breakthrough for automated settlement and tokenized collateral in the vast derivatives market.

🇺🇸NEW: Acting Chairman Pham has announced that the CFTC has launched a digital-assets pilot program allowing BTC and ETH to be used as collateral in U.S. derivatives markets. pic.twitter.com/sjfF8yYFDB

— CoinDesk (@CoinDesk) December 8, 2025

One significant step toward widespread use is the acceptance of Bitcoin as collateral in regulated U.S. derivatives markets. It strengthens liquidity, boosts institutional trust and establishes Bitcoin as a significant financial asset. Due to increased demand and enhanced market credibility this favorable regulation change is probably going to reinforce upward pressure on Bitcoin prices.

Jack Mallers’ Twenty One Capital Debuts on NYSE with $3.9B in Bitcoin

Twenty One Capital, the Bitcoin-focused business of Jack Mallers has formally debuted on the New York Stock Exchange with the ticker XXI. The company wants to be the biggest Bitcoin holder on the open market. After MicroStrategy and MARA Holdings it currently holds 43,514 BTC or almost $3.9 billion, making it the third-largest corporate Bitcoin holder.

The business was founded following a merger with Cantor Equity Partners and is supported by significant organizations like SoftBank, Tether, Bitfinex and Cantor Fitzgerald. According to Mallers the objective is to give Bitcoin “the place it deserves in global markets.”

The company intends to create educational materials, lending models, and financial solutions based on Bitcoin in addition to keeping BTC.

💥 BREAKING: 🇺🇸 Jack Mallers' Twenty One Capital goes live on the NYSE with $4 BILLION Bitcoin on its balance sheet pic.twitter.com/EEvKoKAi9o

— Bitcoin Archive (@BitcoinArchive) December 9, 2025

The huge BTC treasury and solid institutional support boost trust in Bitcoin as a widely used asset. When more businesses fight to acquire Bitcoin this kind of high-profile listing usually improves investor mood and helps upward pressure on BTC prices.

Bitcoin Technical Analysis

Bitcoin is trading near $92,680, holding above the short-term ascending trendline that has guided the recovery since the December low. Recent candles show rejection near $94,612, where long upper wicks signal profit-taking and hesitation from buyers. Price is currently consolidating between $91,948 support and the $94,612 resistance zone.

The 50-EMA on the 2-hour chart is turning upward, while the 200-EMA remains above price, keeping the structure mildly neutral. A decisive close above $94,612 would expose the next resistance at $96,788, followed by $99,207. On the downside, losing $91,948 opens a move toward $90,000, then the stronger support at $88,628, aligned with the previous swing region.

RSI is stabilizing around mid-levels, showing neither strong momentum nor clear exhaustion. As long as Bitcoin stays above the rising trendline, the bias leans toward gradual upside, but a break below $91,948 would weaken the structure.

Bitcoin is trading near $91,990, supported by renewed institutional interest and improving short-term momentum. Harvard University’s latest filings show a sharp increase in its Bitcoin exposure, underscoring how large investors are continuing to shift toward hard assets amid ongoing US dollar debasement risks.

Harvard’s allocation rose from $117 million in Q2 to nearly $443 million in Q3, according to Bitwise CIO Matt Hougan. During the same period, gold ETF holdings increased from $102 million to $235 million, but Bitcoin remains the university’s clear preference. This shift highlights a broader trend: institutions are allocating to BTC at a faster pace, even as macro uncertainty persists.

Harvard Portfolio Breakdown

Harvard Management Company (HMC), overseeing a $2.1 billion endowment, now holds:

• 6.81M shares of BlackRock’s IBIT, representing 21% of the total portfolio
• 0.66M shares of SPDR Gold Shares (GLD) worth $235.1M
• Bitcoin is now the largest single position, ahead of Microsoft and Amazon

The positioning reflects rising confidence in Bitcoin’s long-term role as a store of value.

Market Flows Show Mixed Signals

Bitcoin has traded firmly over the past 24 hours, with price hovering around $91,990 after bouncing from last week’s lows. Trading volume surged nearly 50%, and derivatives markets show growing interest.

Key flow data:

• Spot Bitcoin ETF outflows: $87.77M
• IBIT outflows: $48.99M
• BTC futures open interest: +2.57% on CME, +2% on Binance

Despite ETF outflows, rising open interest suggests traders are positioning for volatility ahead of the Federal Reserve’s upcoming decision.

BTC/USD Technical Analysis

Bitcoin is approaching a major descending trendline near $92,200, which has capped every rally since mid-November. Recent 2H candles show stronger bodies and higher lows, supported by a clean move above the 200-EMA, while the 50-EMA begins to flatten.

A breakout above $92,200 would expose $94,003, followed by stronger resistance at $96,557.

On the downside:

• Immediate support: $90,162
• Secondary support: $87,730
• Next level lower: $84,507

The RSI is climbing toward 60, signaling improving bullish momentum that isn’t overstretched. If buyers hold above $92K, Bitcoin could attempt a broader trend reversal. Failure to clear the trendline keeps the pair inside the larger downward structure.