Recent #trends indicate that Bitcoin's price has been somewhat subdued, remaining near one-month lows. It experienced a nearly 3% drop over the weekend, testing the lower boundary of a two-month range between $85,000 and $82,000. This decline was exacerbated by forced liquidations in the derivatives market. Bearish sentiment has persisted among investors, with Bitcoin products seeing outflows of $1.09 billion last week, the largest since mid-November 2025.
Over the last week, Bitcoin's price has fallen by 6.63%, though its monthly performance shows a slight increase of 0.15%. Looking at the past year, Bitcoin has decreased by 13.98%.
Technical analysis suggests that #Bitcoin is currently in a falling trend channel in the medium term, indicating #negative development and decreasing #buyer interest. The price has also broken through the floor of a rectangle pattern at $88,604, which could signal a further drop towards $80,705 or lower. Bitcoin is approaching a support level at 86,000 points, which might lead to a positive reaction; however, a break below this level would be a negative #signal .
BTC
87,887.78
-0.36%
ETH
2,943.26
+0.53%
BNB
890.6
+1.40%