Bitcoin Price Retests Support—Is the Market Bracing for Volatility?

Bitcoin price attempted to start a fresh increase but failed at $89,500. BTC is now struggling below $86,500 and might continue to move down.Bitcoin started a fresh decline below the $86,500 zone.
The price is trading below $86,500 and the 100 hourly Simple moving average.
There was a break below a bullish trend line with support at $87,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move down if it settles below the $85,000 zone.Bitcoin Price Dips