#BTC trading ~ $95,000–$92,000 range right now, showing sideways to slightly bullish consolidation after some volatility earlier in the week. Price bounced off support near the psychological $90K zone, but hasn’t sustained a breakout above $96–$98K yet. �
StatMuse +1
📈 What’s Driving the Market
Bullish catalysts:
Renewed optimism due to potential U.S. crypto regulation clarity with the Digital Asset Market Clarity Act progressing in the Senate. �
Barron's
Bearish/volatility factors:
Price pullbacks tied to broader macro news (e.g., tariff announcements causing risk-off moves). �
The Economic Times
🔑 Key Technical Levels
Support Levels
$90,000–$92,000 — strong near-term support holding recent dips. �
StatMuse
$85,000–$80,000 — next deeper support if breakdown accelerates. �
Pintu
Resistance Levels
$96,000–$98,000 — immediate resistance zone that’s capped recent rallies. �
Pintu
$100,000+ — key psychological and algorithmic target for bulls. �
Benzinga
📉 Short-Term Outlook
Bullish scenario: A weekly close above ~$96K could lead bulls toward retesting $100K and higher targets. �
MEXC
Bearish scenario: Failure to hold $90K might open the door to deeper moves toward the $80K zone. �
Pintu
📌 Summary (Short Version)
Bitcoin is currently range-bound and consolidating near $90–$96K. Bulls need a breakout above resistance to gain momentum, while a breakdown below crucial support could signal further weakness. Regulatory progress and macro catalysts remain key drivers near-term.