Bitcoin (BTC) Plunges Below Critical 50-Day EMA - Analysts Sound Alarm for $90K Retest

Bitcoin just sliced through a major technical line—and the charts are flashing warning signs.

The 50-Day EMA Breakdown

That key moving average? Gone. Traders watched as Bitcoin's price action decisively cut below the 50-day Exponential Moving Average, a level many consider a bellwether for medium-term momentum. It's not just a dip; it's a breach of a psychological fortress that had bulls feeling comfortable.

The $90,000 Ghost in the Machine

Now, analysts are pointing their charts lower. The narrative has pivoted from 'next stop, new highs' to a potential retest of the $90,000 zone. That level isn't just a number—it's a former battleground between buyers and sellers, and revisiting it would test the conviction of this entire market cycle. Some whisper about a healthy correction to shake out weak hands; others see the first crack in a bullish facade built more on hope than hard inflows.

What's Really Moving the Needle?

Forget the hopium. This isn't about a single bad tweet or a fleeting news headline. This is about the cold, hard calculus of leverage, liquidity, and trader psychology. When key technical levels fail, automated selling kicks in, margin calls get triggered, and the 'buy the dip' crowd suddenly gets quiet. It's the market's way of separating the true believers from the tourists—most of whom are still waiting for their traditional finance broker to 'enable' crypto trading, bless their hearts.

The king of crypto is at a crossroads. A bounce here reaffirms the bull trend. A slide toward $90,000? That writes a whole new chapter. Strap in.

50-Day EMA Breakdown Puts Focus on Support Levels for Bitcoin

BTC, the largest cryptocurrency by market cap, has mostly used the 50-day EMA as a reference indicator at times of important phases. Trading below this point usually means that the short-term rally has worn out. This happens mostly when sustained selling pressure and lower highs on the chart come together.

Cryptocurrency analyst Ted Pillows stated that BTC has slipped below the 50-day EMA and highlighted that the level now is at near-term resistance. According to his post, failing to reclaim this moving average could make the coin’s liquidity fall into the $89,500–$90,000 range. This range is an area that earlier felt like structural support for the asset.

$BTC has dropped below its 50D EMA level.

If this zone isn't reclaimed soon, Bitcoin will sweep the $89,500-$90,000 level. pic.twitter.com/vteAXYfwme

Broader Market Context and Technical Signals

According to data provided by CoinCodex, the average price and maximum price of the token in January 2026 might be $ 96,282 and $100,533. The potential ROI of the coin can be 10.22%.

According to the data given by CoinCodex, the 200-day simple moving average in the long run is projected to reach $99,251. The 50-day simple moving average (SMA) in the short term is projected to reach $89,950. All these figures reflect a gradual but certain movement towards the higher ground.

The Relative Strength Index (RSI) is currently at 63.09, indicating that the coin is being overbought. The pivot points have established the support levels at $92,064, $90,424, and $ 89,275. The resistance levels of the token are at $94,853, $96,002, and $97,643.