Analysis: $90000 may be the key threshold for reversing BTC market sentiment in the near future

Odaily Planet Daily News: After several consecutive days of consolidation, both bulls and bears have not been able to fully control the situation of Bitcoin prices, which are currently fluctuating between $83000 and $86.00. This hesitation reflects the widespread uncertainty in global financial markets. Despite holding the support level of $83000, Bitcoin bulls have not been able to recover from the key moving average that signals a new round of momentum. If this price level is not held, it may trigger a new round of selling; If the bears regain control of the situation, it will push Bitcoin down to $80000 (or even lower), and $90000 remains the key threshold that Bitcoin bulls must recover from. Breaking through this price level is necessary to reverse market sentiment, while the $81000 area is the key bottom in the near future. （Bitcoinist）