📉 Current Market Tone
has slid below key resistance levels, trading in the mid‑$80K to $90K range amid broad crypto weakness and macro headwinds. Recent declines include drops below $88K and $86K.
Technical indicators show bearish momentum, with some analysts pointing to a loss of key supports and potential for further short‑term downside.
📊 Supply & Sentiment Dynamics
A supply crunch off exchanges suggests accumulation by long‑term holders, which could support price floors if selling pressure eases.
Institutional interest remains notable (e.g., large Bitcoin purchases by Strategy/MicroStrategy totaling nearly $1 billion recently), even as broader sentiment stays cautious.
🧠 Macro & Fundamental Drivers
Federal Reserve rate expectations have shifted: hopes for early rate cuts have dampened, pressuring risk assets like BTC.
📈 Outlook & Forecasts
Short‑term: Mixed signals—bearish risks persist if BTC fails to hold key support zones (~$85K–$88K), but accumulation and reduced exchange supply could stabilize prices.
Medium/long‑term: Some forecasts (from broader 2025 outlooks) still project Bitcoin targets above $100K to $120K+ if macro conditions improve and institutional flows resume.
📌 Key Levels to Watch
Support: ~$83K–$85K range
Resistance: ~$94K–$101K and higher trend levels
Break below major supports could extend correction; reclaiming resistance can reignite bullish sentiment.
#TrumpTariffs #CPIWatch #USJobsData #BTCVSGOLD #BinanceBlockchainWeek