Bitcoin

Key insight

$85,000 round number and 200-day MA cluster are the only buffer between current price and a retest of $78,000 swing lows. A daily close below $85,000 flips momentum firmly bearish.

Slides -1.7% to $85,480 while ETH drops -1.9% — broad crypto selling with BTC holding above $85k round support but unable to reclaim $90k resistance.

Main risk

Break of $85,000 200-day MA support

Daily close below $85,000 opens $78,000 retest; no structural support between those two levels on the weekly chart.