Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again (opens original article in a new tab)

Bitcoin shows a bullish divergence with rising momentum despite falling prices, similar to the FTX-era setup, potentially leading to a $90K rally. It is near key support levels like the 200-week SMA and faces resistance at $90K.

• Bitcoin exhibits a bullish divergence with RSI rising while price falls.
• The 200-week SMA at $62K has historically acted as a bottom zone.
• Analysts suggest a $90K target if bullish momentum continues.
• BTC is in a bear flag pattern, with a $50K downside risk if the pattern completes.