Bitcoin’s decline accelerated Thursday, with the price slipping to a six-month low before stabilizing near $87,491, yet traders increasingly expect a sharp upside squeeze toward the $98,000–$100,000 liquidity pocket.
Despite bearish technical signals, market participants say a reclaim of key resistance zones could trigger a momentum reversal — though the burden remains squarely on the bulls.
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Bitcoin’s decline accelerated Thursday, with the price slipping to a six-month low before stabilizing near $87,491, yet traders increasingly expect a sharp upside squeeze toward the $98,000–$100,000 liquidity pocket.
Despite bearish technical signals, market participants say a reclaim of key resistance zones could trigger a momentum reversal — though the burden remains squarely on the bulls.