$BTC current price update .
. BTC is currently trading between $90,100 and $91,200.
. 24h Trend: Down approximately 1.2% to 2.7% over the last 24 hours.
. Key Levels: Support: $91,000 (previous resistance now acting as a floor) and $87,400 (yearly open).
. Resistance: $94,000 – $95,000 remains the primary hurdle for a continued rally.
. The "Bull Trap" vs. "Recovery" Debate
. Bullish Case: The breakout from the November downtrend and the stabilization of the $91k support level suggest a healthy reset. Analysts like Larry Fink (BlackRock) now view BTC as an "asset of fear," or a hedge against financial instability, which may drive further inflows.
. Bearish Case:
. Some technical analysts warn of a "bull trap" because the price has not yet closed decisively above the December range. A "death cross" (short-term EMA crossing below long-term EMA) from late 2025 still casts a shadow on the daily charts.
. Summary:
. The market has moved from a defensive, distribution-heavy phase to a selective risk-taking phase. While the foundation is firmer than in late 2025, $BTC needs to reclaim and hold $95,000 to confirm a new leg of the bull market.
