$BTC price: ~$90,600 and consolidating between $88K–$92K. �
The Economic Times +1
Drawdowns remain shallow compared to past cycles, hinting at stronger support levels. �
The Economic Times
The price is still about 28–30 % below the all-time high (~$126K) from October 2025. �
Barron's
📉 Short-Term Technical View
Bitcoin is trading in a wide range with low volume, a sign that the market is waiting for a catalyst (macro data, regulation, or ETF flows). �
Pintu
Support near $88K is crucial — a break below it could open doors to $84K or lower. �
CoinMarketCap
Resistance sits around $95K and the psychological $100K mark. �
📈 Bullish Factors
On-chain data shows large BTC holder accumulation, historically preceding rallies. �
CoinMarketCap
Some institutional forecasts still see higher price targets in 2026 (e.g., ~$150K–$170K). �
Forbes
📉 Bearish / Caution Signals
Significant ETF outflows recently reflect some risk-off sentiment. �
Barron's
Macro uncertainty (e.g., weak U.S. jobs data reducing rate-cut odds) has muted momentum. �
Barron's
Some analysts warn of downside risk or potential deeper corrections. �
Cointelegraph
🧠 In Summary
Bitcoin is range-bound but not weak — strong support and whale accumulation point to resilience. However, until it convincingly breaks resistance levels with higher volume, the market looks like it’s in a consolidation/decision phase with both upside and downside risk intact.#USNonFarmPayrollReport #BinanceHODLerBREV #WriteToEarnUpgrade
