Current BTC Price Snapshot
$BTC BTC ~ $89,600–$90,000 range today — down from last week’s highs.
Weekly trend shows some weakness under key resistance near $94k–$95k.
🧠 Short-Term Technical Signals
Price is consolidating below major moving averages (MA50 & MA200) — bearish pressure in the medium term.
RSI and volatility indicators suggest range trading with choppy momentum, not a strong breakout yet.
📉 Bearish / Downside Risks
Some market forecasts warn about a near-term break lower or deeper pullback if key support cracks.
Macro uncertainty and ETF outflows have contributed to recent downside pressure.
📈 Bullish / Upside Scenarios
Technical traders still eye breakouts above $94k+ for a move toward psychological $100k levels.
Longer-term models and forecasts out to 2026+ see potential for new highs if structural support and institutional demand continue
#GrayscaleBNBETFFiling #TrumpCancelsEUTariffThreat #MarketRebound #BTCVSGOLD #WEFDavos2026