Bitcoin Slips Below $88K: Market Consolidates as Momentum Fades
Bitcoin (BTC) briefly fell below the $88,000 USDT level and is trading near $87,824, posting only a narrow 0.13% gain in 24 hours. This price behavior reflects market consolidation rather than a strong bullish or bearish move. Reduced year-end liquidity, short-term profit-taking, and the absence of fresh macro or institutional catalysts are keeping BTC range-bound.
The inability to hold above $88K highlights weak upside momentum, while buyers continue to defend lower support zones, preventing a deeper pullback. Overall sentiment remains cautious-neutral, with traders awaiting a decisive breakout above $90K or a breakdown toward mid-$80K levels for clearer directional confirmation.
