BTC and market
Bitcoin is showing strong bullish momentum with recent rallies pushing its price close to the $96,000–$98,000 range, supported by technical indicators and accumulation trends. Analysts predict a short-term consolidation or minor pullback could bring BTC back down to around $88,000, which would be a healthy correction within this bullish phase.
The current outlook suggests Bitcoin may test the $97,000–$98,500 resistance zone soon, with the potential to challenge $100,000 if buying pressure continues. However, if support near $92,000 fails, a dip toward $88,000 is possible before resuming upward momentum.
In summary, Bitcoin’s price is expected to move up to around $96K-$98K, then possibly pull back to $88K, reflecting a typical bullish market cycle with corrections before further gains.$BTC