Hellooo lovelyyyyy people!
#BTC has been ranging between $83K and $86K over the past week.
The market remains uncertain, with bulls striving hard to keep Bitcoin above the $80K level, eyeing a push toward $90K.
However, there’s a strong possibility of a sharp correction.
Reasons:
1. BTC surged rapidly from $75K, primarily driven by Trump’s tariff announcement — a move that lacked organic market support.
2. Currently, there’s a major psychological standoff between bulls and bears. Bulls are running out of momentum and liquidity, while bears are anticipating a significant drop.