$BTC has recently struggled to break above ~$94,000–$95,000 resistance, and remains technically below major moving averages, which signals consolidation with bearish pressure in the short term. �
KuCoin +1
Some technical indicators show oversold conditions, suggesting short-term bounce potential, but analysts are cautious about calling a sustained bottom yet. �
CoinDesk
Market sentiment remains mixed to bearish, with price stagnating or declining after strong rallies earlier in the year. �
KuCoin
📊 Price Forecasts & Targets
Analyst and prediction highlights vary widely:
Short-term forecasts see BTC potentially moving toward $92,000–$94,000 if buyers re-enter, with critical resistance near $94,500–$95,000. �
Blockchain News +1
Some models remain optimistic for year-end or next year, with medium-term price ranges forecasted between roughly $90,000–$110,000, and even higher long-term estimates by certain analysts. �
MEXC
Forecasts from financial institutions differ — some predict sizeable gains in 2026, but recent recalibrations suggest more moderate rallies compared with earlier lofty targets. �
Finance Magnates
🧠 Market Drivers
Bullish forces:
Institutional interest via ETFs and broader adoption may support long-term growth and investor confidence. �
MarketWatch
Bearish/Neutral forces:
Continued price consolidation and failed breakouts below key levels keep traders cautious. �
KuCoin
Broader crypto market sentiment has recently shown weakness, with many assets retracing after highs. �
#BTCVSGOLD #BinanceBlockchainWeek
