Bitcoin (BTC)
$BTC Bitcoin is currently trading in a consolidation phase, moving sideways after recent volatility. Price action shows BTC holding above key support near $88K–$90K, indicating buyers are still active at lower levels. However, momentum remains weak as BTC struggles to break resistance around $94K–$96K.
Market sentiment is cautious, with traders waiting for a strong catalyst such as ETF inflows, macroeconomic data, or a breakout confirmation. Volume remains moderate, suggesting a potential range-bound move in the short term.
🔍 Outlook:
Bullish scenario: A strong break above $96K could open the door toward $100K+.
Bearish scenario: Loss of $88K support may trigger a deeper pullback.
📌 Trend: Neutral to slightly bearish short-term, bullish long-term.
#BTC #bitcoin #Bitcoinprice #BitcoinAnalysis #BTCUSDT.
