$BTC has been trending downward recently, with a multi-session loss and weakened risk appetite in crypto markets. �
Finance Magnates +1
Broad market volatility remains elevated, influenced by macroeconomic stresses and sentiment shifts. �
Reuters
📊 Short-Term Price Targets Analyst technical models and short-term forecasts point to a narrow trading range over the next couple of days:
Support Level: ~$87,700–$91,700 — this zone is critical in the near term; if BTC holds here, downside risk is limited. �
Blockchain News +1
Upside Resistance: ~$94,000–$95,000 — this is the first meaningful resistance for any rebound attempt. �
Brave New Coin
Near-term target: ~$92,000–$94,000 — possible recovery if buyers step in and market stabilizes. �
Blockchain News
📉 Bearish Risk
If BTC breaks below the $87,700–$88,000 support, short-term downside toward ~$85,000 or lower could occur. �
Blockchain News
📈 Key Factors Influencing BTC This Week
✔ Technical consolidation around key moving averages — signals a period of range-bound movement before a breakout. �
✔ Low confidence trend direction — markets currently show mixed momentum with modest bounce potential but not a confirmed breakout. �
✔ Macro volatility — geopolitical and regulatory influences continue to pressure risk assets like BTC. �
MEXC
Brave New Coin
Reuters
📌 Summary — BTC Price Outlook (Next 48 Hours)
Scenario
Short-Term Price Action
Bullish (if buying returns)
Possible rally / bounce toward $93K–$95K
Neutral (sideways)
Trading in ~$89K–$92K range
Bearish (if selling picks up)
Drop toward $87K or lower support
⚠️ Important Note: Bitcoin’s price is extremely volatile and short-term forecasts have significant uncertainty — even credible technical models can be wrong. This is not financial advice; always do your own research before trading or investing.
#squarecreator #BTC #MarketMeltdown