Analyst Warns Bitcoin's $57K–$87K Range May Precede Deeper Decline Toward $44K–$50K
Bitcoin recovered nearly 2% after briefly falling below $70,000, but analysts argue the move sits within a broader bearish setup. One trader expects BTC to oscillate between roughly $57,000 and $87,000 before eventually breaking lower toward the $44,000–$50,000 area, while others highlight its position below the 50-week EMA near $95,300 as a sign of continued vulnerability.