Parviz K

#FedWatch $BTC Day 65 After the ATH — A Phase That Tests Patience

$BTC Bitcoin is 65 days past its $126K ATH, a period long enough to reflect market indecision.
Price has avoided a sharp crash but also failed to produce a strong recovery.
The market dipped into the low $80K zone, with $86K forming an important reference low.
Current price action around $87K suggests consolidation rather than trend continuation.
This type of correction erodes confidence slowly instead of triggering panic selling.
Similar sideways structures have appeared in previous BTC cycles after major tops.
Volatility is compressing, indicating reduced momentum and a potential buildup for a larger move.
Selling pressure appears less aggressive compared to earlier stages of the decline.
The market is evaluating direction, not reacting emotionally.
This phase favors risk management and flexibility over strong conviction.
If $86K holds, the current range may form a base for the next move.
A break below $BTC
$86K would signal the need for caution rather than early positioning.
Traders are being tested on patience, not fear