Bitcoin Dips After Death Cross Signals Bearish Trend; Analysts Recommend Cautious Short Plays Near $88,000

Bitcoin failed to sustain a rebound near $88,000 as the daily chart remains below key moving averages, with a death cross reinforcing a bearish bias in the intermediate term. The hourly sequence has trended lower, placing resistance around $88,200 where the price previously met the daily downtrend, suggesting further near-term consolidation or a pullback cannot be ruled out. Analysts at BiyaPay describe this phase as a technical rebound within a broader downturn cycle, warning traders to focus on selective short positions at elevated levels and to maintain light exposure. Implement strict risk management with restrained leverage and disciplined stop-loss practices. BiyaPay now enables USDT-based trading across US and Hong Kong stocks as well as futures, with zero‑fee trading for spot and contract digital assets, providing real-time market data for prudent asset allocation.