$BTC
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Bitcoin (BTC) is currently trading in a well-defined range, reflecting a phase of healthy market consolidation.
After a strong upward move, price action is stabilizing near key support levels, indicating sustained buyer interest.
The highlighted support zone between $84,000 and $88,000 has repeatedly held, strengthening market confidence.
Candlestick patterns suggest reduced selling pressure and controlled volatility.
Volume remains steady, confirming that the market is not showing signs of panic.
This consolidation phase often acts as a base for the next major directional move.
As long as BTC holds above critical support, the broader structure remains bullish.
A breakout above resistance could trigger renewed upside momentum.
Traders are closely monitoring price behavior for confirmation signals.
Risk management remains essential in current market conditions.
Analysis by iamaliazam