Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt

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Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt - NewsBTC

Quick Summary:

If buyers fail to build enough momentum, BTC could struggle to push higher, leaving it vulnerable to renewed selling pressure. Bitcoin Tries To Bounce Back BTC’s current price action indicates that bulls are making an effort to stage a rebound from the $85,211 support level after a sharp decline.

This attempt follows a period of strong bearish pressure, which intensified when Bitcoin faced heavy resistance at $93,257 and failed to move upward. Related Reading: Bitcoin Price Attempts a Comeback—Is a Recovery Rally on the Horizon?

This weakening performance suggests that buying pressure is not strong enough to sustain a meaningful recovery, increasing the risk of further downside. A confirmed bearish crossover might reinforce selling dominance, making it difficult for BTC to regain an uptrend.