Bitcoin has recovered a significant part of the decline — it is currently trading around $92,000–94,000 after the shock of ~$81,000.
📌 Technical picture
BTC surged nearly +7% in the last 24 hours, which was the result of increased buying interest and short liquidations.
The nearest support is now — $86,000–83,000, then — $80,000–81,000.
Nearby supports / current range: $92–94 k. Resistance — $94–95 k, and a significant barrier for the trend — $98–100 000.
If the price can sustainably enter and hold above $98–100 k, this will signal potential continuation of growth. However, if sellers take control — a possible retracement to $83–86 k.
🌐 Fundamentals and market context
The recovery after the decline is partly supported by the outflow of short positions and the recovery of liquidity in the market.
At the same time, interest in ETFs and capital flows is growing — which could create additional pressure on growth.
However, overall volatility and macroeconomic uncertainty remain — which means: the trend is not fully restored yet.
🔭 What to expect in the coming days
The most likely scenario is consolidation within $92–94 k with upward tests to $95–98 k.
If resistance around $98–100 k holds — there is a chance for movement to ≈$100 k and above.
If sellers intensify activity — a return to $83–86 k with further testing of lower supports is possible.
🧮 Recommendations for traders and investors
For short-term trading: consider longs in the range of $86–90 k with a take-profit of $94–98 k, stop — below supports.
For swing / medium-term: hold positions, but reserve some — considering the volatility.
If BTC breaks and closes above $100 k — this will be a strong signal to enter with a longer horizon.
Conclusion: Bitcoin is currently trading in the zone after a strong rebound — $92–94k. Despite positive dynamics and potential for a test of $98–100k, the trend is not yet definitively confirmed. The next few days may show whether bulls can establish themselves or if sellers will take the initiative back.
