The post Will Bitcoin Price Crash to $90,000? appeared on BitcoinEthereumNews.com.

Bitcoin price has entered a shaky phase as it hovers near $105,000, with its recent bullish momentum beginning to weaken under mounting macroeconomic pressure. The BTC price charts are flashing early signs of a potential downtrend, and if the cracks widen, a correction to $90,000 may not be out of the question. Let’s dig into the technicals, recent developments, and key price levels. Bitcoin Price Prediction: Why is Bitcoin Losing Momentum Near $110,000? BTC/USD 1 Day Chart- TradingView On the daily chart, BTC price recently struggled to hold above the R3 pivot zone near $110,000. After reaching a local high just under this level, sellers took control, driving the price down to $105,000. Notably, the Heikin Ashi candles show three consecutive red bars forming near a key Fibonacci pivot zone (0.786), which often signals a loss of bullish steam. Moreover, the Bitcoin price is starting to flatten out near the 20-day moving average ($106,172). A clean break below this could trigger further downside to the 50-day SMA at $97,506 — a region that previously acted as consolidation support in April. Hourly Chart Confirms Bearish Pressure Building BTC/USD 1 Hr Chart- TradingView The hourly chart gives more immediate signals of weakness. BTC price has been rejected multiple times near the 50-SMA ($107,281) and 100-SMA ($108,311), with clear lower highs forming. This structure, coupled with flat volume and a bearish alignment of the MA ribbon (20 < 50 < 100 < 200), suggests that short-term traders are losing confidence. Bitcoin price attempted to reclaim $106K but was quickly pushed back, and the price is now hovering just above critical intraday support at $105K. If this zone breaks decisively, the next hourly support rests around $102,000. What Could Trigger a Bitcoin Price Crash to $90,000? Let’s break down a few key drivers that…

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Filed under: News - @ May 30, 2025 8:29 am