Bitcoin (BTC) has slipped below a keenly observed technical line. This has gained attention from analysts and traders. The recent market performance of the coinBitcoin (BTC) has slipped below a keenly observed technical line. This has gained attention from analysts and traders. The recent market performance of the coin

Bitcoin (BTC) Slips Below Key 50-Day EMA, Analysts Warn of $90K Retest

Bitcoin (BTC) has slipped below a keenly observed technical line. This has gained attention from analysts and traders. The recent market performance of the coin shows BTC falling under its 50-day exponential moving average (EMA). EMA is an indicator used to analyse near-term market strength.

This incident has made analysts underscore the downsides that can happen if the price fails to reclaim its zone. According to CoinMarketCap at press time, the coin is trading at $91,585.72 with a 0.99% decrease in rate. The market cap of the coin has exceeded $1.81 trillion, and the volume of the coin is around $45.9 billion.

Source: CoinMarketCap

Also Read: Bitcoin Faces Crowd FUD While BTC Dominance Signals Altseason Surge

50-Day EMA Breakdown Puts Focus on Support Levels for Bitcoin

BTC, the largest cryptocurrency by market cap, has mostly used the 50-day EMA as a reference indicator at times of important phases. Trading below this point usually means that the short-term rally has worn out. This happens mostly when sustained selling pressure and lower highs on the chart come together.

Cryptocurrency analyst Ted Pillows stated that BTC has slipped below the 50-day EMA and highlighted that the level now is at near-term resistance. According to his post, failing to reclaim this moving average could make the coin’s liquidity fall into the $89,500–$90,000 range. This range is an area that earlier felt like structural support for the asset.

Broader Market Context and Technical Signals

According to data provided by CoinCodex, the average price and maximum price of the token in January 2026 might be $ 96,282 and $100,533. The potential ROI of the coin can be 10.22%.

Source: CoinCodex

According to the data given by CoinCodex, the 200-day simple moving average in the long run is projected to reach $99,251. The 50-day simple moving average (SMA) in the short term is projected to reach $89,950. All these figures reflect a gradual but certain movement towards the higher ground.

Source: CoinCodex

The Relative Strength Index (RSI) is currently at 63.09, indicating that the coin is being overbought. The pivot points have established the support levels at $92,064, $90,424, and $ 89,275. The resistance levels of the token are at $94,853, $96,002, and $97,643.

Source: CoinCodex

Also Read: Bitcoin (BTC) Buy Signal Ignites 76% Breakout Hopes

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