Bitcoin price found support near $88,500. BTC is now correcting some losses 
but faces many hurdles near $92,500 and $93,500. Bitcoin started a fresh 
decline below $93,000 and $92,500. The price is trading below $93,000 and the 
100 hourly Simple moving average. There is a bearish trend line forming with 
resistance at $93,500 on the hourly chart of the BTC/USD pair (data feed from 
Kraken). The pair might continue to move down if it settles below the $90,000 
zone. Bitcoin Price Faces Hurdles Bitcoin price failed to stay in a positive 
zone above the $92,000 level. BTC bears remained active below $92,000 and 
pushed the price lower. The bears gained strength and were able to push the 
price below the $89,500 zone. A low was formed at $88,570, and the price is 
now attempting a recovery wave. There was a move above the 50% Fib retracement 
level of the recent decline from the $93,747 swing high to the $88,570 low. 
Bitcoin is now trading below $93,000 and the 100 hourly Simple moving average. 
Besides, there is a bearish trend line forming with resistance at $93,500 on 
the hourly chart of the BTC/USD pair. If the bulls attempt another recovery 
wave, the price could face resistance near the $92,500 level and the 76.4% Fib 
retracement level of the recent decline from the $93,747 swing high to the 
$88,570 low. The first key resistance is near the $93,500 level and the trend 
line. The next resistance could be $93,750. A close above the $93,750 
resistance might send the price further higher. In the stated case, the price 
could rise and test the $94,500 resistance. Any more gains might send the 
price toward the $95,000 level. The next barrier for the bulls could be 
$95,500 and $96,200. Another Decline In BTC? If Bitcoin fails to rise above 
the $93,500 resistance zone, it could start another decline. Immediate support 
is near the $91,150 level. The first major support is near the $90,500 level. 
The next support is now near the $90,000 zone. Any more losses might send the 
price toward the $88,500 support in the near term. The main support sits at 
$86,500, below which BTC might accelerate lower in the near term. Technical 
indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. 
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 
level. Major Support Levels – $91,150, followed by $90,500. Major Resistance 
Levels – $92,500 and $93,500.

Bitcoin Price Fails to Rebound, Keeping Struggle Intact Near Crucial Zones

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The discourse around the next wave of Bitcoin adoption won’t be fueled by 
ideology or belief, but will be driven by pure economic advantage. As the 
global financial system moves toward higher costs, weaker currencies, and 
increasing inefficiencies, BTC is emerging as the most compelling alternative 
because it works more effectively. Economic Pressure Points That Will 
Accelerate Bitcoin Uptake In the rapidly evolving landscape of digital 
finance, the narrative surrounding Bitcoin&#8217;s future has often been intertwined 
with fervent ideological conviction. A media company, known as TFTC on X, has 
highlighted why BTC adoption won&#8217;t be driven by ideology, but rather by 
economics. Related Reading: Bitcoin Now Accepted By 4 Million Businesses, 
Thanks To Jack Dorsey Every merchant today is focused on handing over 2–3% of 
every transaction to payment processors and lives under the constant threat of 
chargebacks. Especially for small businesses, those costs and risks compound 
fast. However, BTC eliminates all of it with no processing fees, no 
chargebacks, just instant, final settlement straight into the merchant&#8217;s 
wallet. As Miles, a crypto enthusiast, consistently pointed out, the economic 
incentives are so overwhelmingly strong that adoption becomes inevitable. 
Merchants save thousands on fees, and they can pass those savings back to 
their customers through instant cashback rewards for using BTC. This dynamic 
creates a self-reinforcing flywheel effect, allowing Merchants to lower their 
operational costs and increase their profit margins. At the same time, 
consumers would get tangible rewards and better value for their money by 
simply using BTC. Both sides will benefit immensely, while the BTC network 
will grow stronger. When the underlying math is this incredibly favorable, 
adoption is no longer a philosophical stance, but it&#8217;s an economic certainty. 
The Path To Reclaiming Bullish Momentum While the economic incentives will be 
responsible for Bitcoin&#8217;s next rally, analyst Rekt Capital has revealed a 
historical demand area, marked in orange, which has played a pivotal role in 
dictating BTC&#8217;s next major trend. The first time price tapped this zone, it 
produced a sharp +20% rebound before breaking down. After this breakdown, the 
BTC price moved to lower levels to absorb the remaining buy-side liquidity. 
Related Reading: Bitcoin In Bullish Confluence: Death Cross And Key Support 
Signal Upside Once BTC reclaimed the orange region as support, it triggered a 
+37% rally to new all-time highs. On the second retest, this same support zone 
showed signs of strength. Currently, BTC is finding support at this same 
historical demand area. What would happen next will be critical in determining 
whether this demand area will continue to strengthen or if signs of weakening 
will finally emerge. Furthermore, BTC will need to break the multi-week 
downtrend, marked in black on the chart, to relieve fear of fading support. A 
rebound from this demand area that fails to break the multi-week downtrend 
would only result in a yield of +10% move, which suggests that the support 
zone may be weakening. Featured image from Getty Images, chart from 
Tradingview.com

Cryptocurrency price in IDR