Bitcoin's dancing below the danger zone right now. Sitting at $90,126, and here's what the charts are screaming: we're stuck in correction mode inside a bigger bearish picture that's hard to ignore.



The 50-day average? Way up at $99,174. The 200-day? Even higher at $109,205. Price is camped well beneath both lines—classic textbook stuff showing the bears still have the steering wheel.

This isn't just a minor pullback anymore. When you're trading this far under both key moving averages, the intermediate trend isn't playing games. Momentum's been bleeding out, and the technical structure keeps confirming what traders are feeling: pressure's building on the downside.

Anyone watching support levels needs to stay sharp here. The gap between current price and those averages tells you everything about where the market's head is at right now.
BTC0.09%
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GamefiEscapeArtistvip
· 12-08 00:42
Looking at this pattern... the bears are still in the driver's seat.
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PumpingCroissantvip
· 12-07 22:01
Can't hold 90,000, it's really going to pull back now.
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Degen4Breakfastvip
· 12-07 21:55
Dropped again, both the 50-day and 200-day moving averages are acting as resistance—this is looking a bit risky. --- The bears are still in control, need to keep a close eye on the support levels. --- Wow, this gap looks like it’s going to probe lower. --- Correction mode confirmed, there’s not much reason for optimism in the short term. --- Momentum is bleeding, the chart says it all. --- Can it hold above 90,000? Feels like the risk is pretty high. --- Double moving average suppression, hard to break out of this bear market pattern. --- Did the support level break or not? That’s the key issue. --- Downward pressure is definitely piling up, so it’s smart to stay cautious. --- Such a big gap from the 50-day moving average—the bottom is still far off.
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JustAnotherWalletvip
· 12-07 21:53
This gap is ridiculously large, feels like it’s about to break through.
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ThreeHornBlastsvip
· 12-07 21:46
Can’t even hold 90k, this time it’s really looking shaky. --- Bears are so aggressive, when will we finally catch a break? --- Both moving averages are pressing down from above, this feeling… --- People keep talking about support and technicals, but no matter how nice it sounds, it’s still dropping. --- We’re so far from the 50-day moving average, I don’t have the guts to catch this bottom. --- With so much downward pressure, I’ll just wait and see. --- It’s suffocating just to watch—when will the bottom finally come? --- Momentum is bleeding? That might be an exaggeration, but it’s really not looking good. --- Talking about technical structure in a bear market doesn’t really change anything. --- Where’s the support level? Feels like it could break any time.
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