📊 #Bitcoin BTC Market Update
#BTC market update
🔍 Market Overview:
Bitcoin remains in a consolidation phase around the low-$90K zone, battling resistance near $94,000 as traders weigh macro uncertainty and mixed sentiment. Recent price action shows sideways trading with occasional spikes, but BTC hasn’t yet decisively broken out above key resistance levels. �
IG +1
📈 Short-Term Sentiment:
• Some analysts see upward potential toward the mid-$90Ks if BTC breaks above current resistance with volume. �
• Others warn consolidation could continue until clearer catalysts emerge. �
MEXC
Brave New Coin
⚖️ Key Forces in Play:
• Regulatory news in the U.S. — potential clarity may fuel optimism and attract capital. �
• Macro background & volatility — market hesitates as traders await clearer macro cues. �
Barron's
IG
🔮 What Traders Are Watching:
• Break above $94K-$96K resistance for bullish momentum
• Support around $85K-$90K to prevent deeper pullbacks
• Regulatory developments and institutional flows