BTC: Bullish Retracement Eyes $89.3k Level

BTC Sunday update from trader @CrypNuevo confirms the bullish case remains in play, targeting a full retrace of the liquidity pool up to $89.3k after shifting from last week's bearish lean.

Price action at $84453.7 sits inside the Bollinger bands with the upper resistance at $84905.01 acting as immediate volatility exhaustion while the 50-EMA at $83506.15 and 200-EMA at $78673.07 anchor the longer-term bullish structure. Momentum shows RSI(14) at 52.2 in neutral territory and MACD(12,26) printing a death cross at 172.31, yet the overall trend structure favors continuation higher once any healthy pullback to the 50-EMA support completes before the next leg toward the $89.3k liquidity target. This setup informs BTC price prediction models and Bitcoin technical analysis amid broader crypto market trends.