$BTC Latest analysis:
Price Level: Bitcoin is trading around the $92,000 - $93,000 zone, showcasing resilience after bouncing from a recent low of $84,000.
Market Sentiment: The market has experienced a strong V-shaped rebound, with an overall sentiment shifting towards a reinforced bullish bias, particularly following positive institutional news (like Vanguard's ETF reversal).
Key Drivers: Spot Bitcoin ETF inflows remain a major source of sustained demand, contributing to the recent surge and structural support.
Technical Outlook:
Immediate Resistance: $96,000 is the key near-term resistance level, with a break potentially opening the path toward $99,000 and eventually the psychological $100,000 mark.
Immediate Support: $87,800 is considered solid support, with final key support around $80,000 to maintain the current bullish structure.
Long-Term View: Analysts maintain a highly bullish forecast for December 2025, with some predicting a price range of $110,000 to $128,000 by month's end, driven by post-halving dynamics and institutional adoption.
#BTC #Web3 #crypto #trading #BinanceSquare

