Short tern (next 24-72hrs) - 60% chance ---- more downside / chop - 40% chance ---- relief bounce Medium term: - BTC will recover only after leverage is flushed - That flush often hurts retail longs first #BTC
$BTC BTC is consolidating in a range -- struggling to hold above key resistance near $94-95k. Bears are active at higher levels, and bulls need a close above -$100k to regain confidence. Support sits around $87-85K, a break below could see deeper pullbacks.
Next week playbook: __Close above $95K -- Bullish continuation __Drop under $87K -- Sideways or deeper correction
If BTC manages to flip key resistance -- especially $90,000 -$90,500 -- into suport, we could see upside momentum into $92,000 - $95,000 +.
$BTC Bearish Case
However, the market still shows caution : selling pressure could keep BTC pinned or push it lower. If the support near 85K fails, BTC might revisit $80K or even lower as traders panic sell. ___ Bearish pain zone: $80K - 85K.
Bitcoin is chilling in a range like " I dunno if i go up or down".
Bitcoin is trading around the mid $80K -$90K zone, showing sideways movement as buyers and sellers battle for control. Resistance near the $90K level has been tough to break, while strong support holds lowers around mid $80K levels.