Bitcoin Holds Above 200 EMA at $90K as Market Enters Decision Zone

⬤ Bitcoin’s sitting pretty near $90,000 on the 3-day chart, trading close to the upper end of its long-term uptrend. Right now, we’re looking at what’s better called a decision zone—not necessarily a turning point. The chart shows how Bitcoin typically behaves during bull runs: big rallies followed by pullbacks before the main trend kicks back in.

⬤ The technical picture still looks solid. The 200-period exponential moving average keeps climbing, meaning the long-term trend hasn’t broken down. History shows that during previous bull markets, Bitcoin went through corrections of 50% to 60% while keeping that rising structure intact. Each time, the price steadied above key moving averages and eventually pushed to new all-time highs. We haven’t seen a confirmed higher-time-frame lower low yet, which keeps the bullish structure technically alive.

⬤ “The Super Guppy on the 3-day timeframe is turning red—think of it as a momentum warning, not a crash alarm,” notes the analysis. This shift shows trend strength is fading after a long climb. We’ve seen this before in past cycles, usually followed by either sideways movement or deeper pullbacks before the trend continued. Price is still above that 200 EMA, but cooling momentum often comes right before increased volatility and uncertainty.

⬤ This phase matters because Bitcoin usually sets the mood for the entire crypto market. The long-term structure is holding and there’s no confirmed breakdown, so pushing toward new highs is still on the table. But the growing chance of a deeper correction means keeping perspective instead of getting emotional about short-term moves. How price acts around these levels will likely shape market direction and sentiment across digital assets going forward.