Bitcoin (BTC) is trading near the $87,000–$88,000 range, showing moderate volatility as the market enters a consolidation phase. After failing to hold above the $90,000 level, BTC has faced short-term selling pressure, but strong buying interest continues to appear near key support zones around $84,000–$85,000. Market sentiment remains cautiously bullish as long-term holders stay firm and institutional accumulation persists. Momentum indicators suggest BTC is preparing for its next major move, with a breakout above resistance potentially restarting an upward trend, while a breakdown could lead to deeper consolidation in the near term.
