$BTC Holds Near $87,000: Is the Market Preparing for a Breakout or a Deeper Reset? 🔍

Bitcoin is holding steady around $87,000 after a volatile macro week shaped by hotter-than-expected U.S. PPI at 2.7% and shifting bond yields. Despite pressure, BTC preserved a +1.8% weekly gain and continues to build a higher-low structure that keeps bullish sentiment intact.

Institutional flows support the stabilization: spot BTC ETFs posted $180M–$220M in net inflows this week, while derivatives open interest bounced ~4%, signaling renewed positioning ahead of the next volatility wave.

On lower timeframes, $BTC is defending the $86,800 support within an ascending structure. Price remains locked in a $87,200–$87,800 range, with parallel Bollinger Bands indicating controlled consolidation. MACD stays in positive territory, suggesting accumulation continues despite intraday crossovers.

Today’s session is pivotal. If BTC sustains above $86,200, buyers may attempt a move toward $88,000–$88,500, with a clean break above $87,800 exposing $89,500. Failure to hold support increases the probability of a retest toward $85,500, especially if weekend liquidity amplifies volatility.

#BTC