✅ Key Highlights
Current price per $BTC is around US$ 86,700.
Market cap sits near US$ 1.73 trillion, with ~19.95 million coins in circulation (max supply capped at 21 million).
Short-term technicals: Some indicators suggest a somewhat bullish tilt (e.g., RSI ≈ 65 on 14-day) but overall trend leans cautious/“sell” per some analyses.
🔍 What’s driving the price action
Macro headwinds: Global economic uncertainty, risk-off sentiment, and liquidity drains are pressuring $BTC and the broader crypto market.
Technical support zones: Key support areas around US$ 92 000, US$ 80 000, and US$ 74 000 have been highlighted as critical.
Bearish momentum: Some analysts suggest BTC may be entering a deeper correction phase, not just a short pause.
🎯 My outlook (short term)
BTC is likely to consolidate in the US$ 80 000–95 000 range unless a strong catalyst emerges.
A breakout above ~US$ 95-100 k could reignite bullish momentum; conversely, a drop below ~US$ 80 k would raise the risk of a steeper pull-back.
For longer-term investors, $BTC remains structurally interesting (scarcity, network effects etc.), but timing and risk management are crucial given the current environment.
