BTC trades above key support with a bullish trend line near $87,900, and may test $90,500 resistance if momentum holds.
Bitcoin began a recovery wave above $87,500, moving past $88,800 and testing $90,552 before consolidating below $89,000. It remains above the 100-hourly simple moving average and a bullish trend line near $87,900. Immediate resistance levels are at $89,100 and $89,500, with a major barrier at $90,500. Successful closure above $90,500 could lead to tests of $92,000 and $92,500. If resistance holds, BTC could decline toward $88,000, $87,500, and possibly $86,750. Technical indicators show the MACD losing pace while the RSI is below 50.