Bitcoin (BTCUSD) declined in its last intraday trading, nearing a break of the $87,000 support, which represents our expected bearish target. The ongoing negative pressure from stability below the EMA50 strengthens sellers control, supported by trading along a minor trend line that maintains the short-term bearish bias.

Meanwhile, relative strength indicators show negative signals despite oversold levels, reflecting weak bullish momentum and the absence of any signs of an imminent reversal. This keeps the price vulnerable to deeper losses if $87,000 is broken.