$BTC
Bitcoin has recently pulled back from recent highs, trading around ~$82–88K amid broader risk-off sentiment.
This drop reflects macro pressure (Fed policy uncertainty, risk assets selling off).
On daily/weekly charts price has broken short trendlines and testing support levels near prior lows — a key technical threshold.
If support holds, BTC could consolidate through Q1-Q2 2026 before a directional breakout.
Watch key resistance near prior range highs ($92K–$100K) for breakout confirmation. (common technical level from forecasts)
Alternatively, bearish scenarios suggest deeper retracement to $70K–$80K if risk assets remain weak.
Some major institutions trimmed targets — e.g., Standard Chartered now sees ~$150K vs earlier higher calls.
10. Broader long-term bullish views point to structural growth (ETF adoption, macro diversification), though volatility and macro risks remain significant.