đ¨ Bitcoinâs Slip: $80K-$90K Range Under Pressure
Bitcoin (BTC) is under renewed pressure, trading roughly in the US $84,000 -US $88,000 band after slipping from its recent highs near US $95,000. The volume remains healthy, but the momentum has cooled and market sentiment appears cautious. Historically strong support levels are now getting tested, and while this could be a temporary consolidation, there is growing concern that the recent drop isnât just a pull-back but may mark the start of a deeper correction unless buying interest picks up. On-chain data and exchange flows point to increased selling pressure and fewer large-scale buyers stepping in. For traders, this means the upside is limited unless BTC breaks above the US $90,000 mark convincingly; for long-term holders, it may be a time to re-evaluate risk levels and position size. All in all: Bitcoinâs move is no longer accelerating upward - the risk of reversal or sideways drift has gone up.
