đ Short-Term (Days to Weeks) â Technical Perspective
Current Trading Range
Bitcoin is roughly trading near ~$88,600â$89,000 USD today â still below the $90K level that was key resistance recently. ïżœ
marketwatch.com
Technical chart patterns suggest BTC has been consolidating inside a range between ~$85,000 and ~$94,000 with potential breakout pressure building. ïżœ
What Can Happen Next
Bearish scenario
If BTC fails to hold support around $87,000â$88,000, deeper pullbacks toward lower support zones (~$80K) could occur in the short run. ïżœ
Bullish scenario
A breakout above ~$92,000â$94,000 with volume could flip momentum and open the way toward $95,000+ in coming weeks. ïżœ
Summary
Short-term movement is choppy: price stuck in a consolidation phase
Key levels to watch: resistance ~$92Kâ$94K; support ~$87Kâ$85K
