BTC just climbed up $90k but was pushed down to $84k

🔸$BTC had a very intense reversal attempt when trying to break through the level of $90k but failed miserably, being pushed back below $88k. The main reason is the bearish trendline connecting from the historical peak of $126k through the peak of $116.4k. The descending staircase pattern is becoming very clear, proving that the short side is waiting to unload heavily right at this resistance.
🔸 As long as the price remains below this trendline, the short-term view is still Bearish. If there is no sudden buying pressure to Breakout upwards to $100k, you should prepare mentally that $BTC will seek the support area of $84,000 – $84,500, or worse, retest the bottom of November at $80,000. This period is extremely sensitive, whether we breathe oxygen or return to shore completely depends on this resistance!