Bitcoin (BTC) Current Market Snapshot
Price: Around $90,000 (trading slightly lower than recent highs) — down about 11% over the past month.
Trend: Recent consolidation with weaker upside momentum and mixed technical signals.
📊 Technical Outlook
Bearish pressures: Key support levels near $86,000–$82,000 are being tested, and breaking below could lead to deeper correction pressure.
Resistance hurdles: Near-term resistance sits around $91,500–$97,000, which Bitcoin must reclaim for a sustained rebound.
Liquidity & momentum: Low exchange liquidity and weakening technical momentum point to short-term volatility and range trading.
🧠 Market Forces At Play
Macro sentiment: Broader risk-asset weakness and monetary policy uncertainty are headwinds.
Bullish catalysts: Oversold conditions and historical year-end seasonality could spark a rebound toward $95,000–$105,000 if support holds.
Longer-term forecasts: Analysts remain divided — some see potential recovery above $100K, while others have trimmed forecasts based on macro and ETF flow realism.
