Bitcoin is trading around $89kโ$92k, showing mixed signals as markets react to macro uncertainty and profit-taking around key levels. BTC dipped below $90k recently due to risk-off sentiment and liquidity rotation in global markets. Reuters
๐ Short-Term Outlook (1โ4 weeks)
Bullish if:
BTC clears $93,000โ$94,000 with real volume โ opens path toward $96kโ$100k.
Strong demand near support keeps price above $88kโ$90k. Brave New Coin+1
Bearish if:
Break and close under $88k โ likely move toward $85k or lower.
Failed breakout attempts keep sellers in control. Coinpedia Fintech News
Neutral baseline:
Expect BTC to stay range-bound between ~88kโ96k until a confirmed breakout or breakdown occurs.
Even long-term banks reduced ambitious targets recently โ e.g., Standard Chartered cut its end-2025 BTC forecast from $200k to ~$100k. Business Insider
So, expect a slow grind or consolidation with occasional volatility spikes.