Bitcoin and the Great Consolidation Near $87,000
"Calm Before the Storm? 🧘♂️ Bitcoin Remains Steady in the $87K Zone While Traders Await the Next Move."
Key Summary (Technical): Bitcoin (BTC) has regained its position and is currently trading around $87,500 (with a slight correction in the last few hours) after a recent drop to the $82,000 zone last week. This stabilization at a high level suggests that support is strong.
Attention is now on the impending expiration of BTC options worth $14 billion. This event typically injects volatility into the market, leading analysts to warn of a possible "last leverage sweep" that could temporarily push BTC below $80,000 before a rebound.
