Bitcoin dropped below $90,000 support, with predictions of increased volatility. Traders await a breakout as bear market fears loom, targeting a $50,000 BTC bottom. A potential major move is expected as BTC price remains flat, with resistance at $95,000. Analysts anticipate a breakout towards $100,000 or a drop to $73,700-$76,500.

CryptoQuant warns of a bear market, citing SMAs and declining moving averages as indicators. Ether shows a stronger recovery, but Bitcoin’s rally may be over. Bitcoin could dip to $50,000 before any significant upward movement. Calls for lower BTC price support retests are increasing. No investment advice provided.

Read more at Cointelegraph: Bitcoin Bear Flag in Focus With Price to Decide on Fate of $90,000