Bitcoin Near $89,000 as 2-Day Death Cross Revives Fears of 50%–70% Price Slide

Bitcoin is trading around $89,000 with a 7% weekly decline and $39 billion in volume, while a 2‑day death cross pattern flashes on the charts. Analysts highlight a bear flag inside a long‑term rising wedge and outline downside targets between $40,000 and $62,000, even as some traders still expect a move above $100,000 before June 2026.