$84K Becomes Critical Line for BTC Bulls as Traders Eye EMA and Fibonacci Levels

[etfs]

Bitcoin volatility returned over the weekend, with price briefly touching $87,000 before reclaiming the $90K level. Traders remain split: some see a retest of the 50-day EMA around $95.5K as a setup for shorts, while others point to heavy buyer pressure that could drive BTC above $92K soon.
Analysts warn that $84,000—Bitcoin’s .382 Fibonacci retracement—is the last major support before the market risks revisiting April lows.

[Abdul Khan]

$84K is the line in the sand—bulls must defend it.

[Rimon Khan]

EMA + Fibonacci confluence makes this a key pivot zone.