📉 Market Snapshot:
Bitcoin $BTC has been under pressure lately, with price dipping near the $87,000–$90,000 range as consolidation continues amid weak ETF flows and cautious sentiment. ETF outflows and macro uncertainty contributed to recent declines, with BTC briefly testing multi-week lows near ~$83K–$85K. �
Finance Magnates +1
📌 Key Drivers Today:
BTC has experienced downward pressure and volatility, with traders reacting to broader market sell-offs and macro headwinds. �
Finance Magnates
Analysts note consolidation in the $86K–$91K trading range, with a Fed pause on interest rates influencing risk assets. �
AInvest
Price forecasts suggest possible rebounds to ~$90K if support holds and momentum improves, while downside risks remain if major supports break. �
MEXC
The U.S. dollar’s recent weakness and geopolitical tensions are also shaping sentiment across crypto markets. �
Reuters
🔎 What Traders Are Watching:
• Key support: ~$85,000–$88,000 zone. �
• Resistance: ~$91,000–$95,000 range. �
• Market sentiment: Mixed with cautious positioning. �
sergeytereshkin.com
sergeytereshkin.com
The Economic Times
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reuters.com +1
