Bitcoin has once again reclaimed and stabilized above the $88,000 support zone, a level that has now proven its importance across multiple timeframes. The recovery back above $88K suggests that this level is acting as a short-term equilibrium zone rather than just a temporary bounce. On the 1-hour chart, Bitcoin is clearly trading inside a defined range: Support: $88,000; Lower range support: $85,400; Resistance: $89,200–$89,800. Price action shows repeated tests of $88K followed by shallow pullbacks, which is a sign of absorption rather than panic selling.
Momentum indicators reflect this indecision: Short-term momentum has cooled; No clear impulsive breakout yet; Volatility is compressing. This kind of structure often precedes a strong directional move once the range resolves. The market is not in panic mode, but it is also not in breakout mode yet.
Zooming out to the daily timeframe, the broader picture remains corrective. Bitcoin is still trading below the major resistance near $107,500. Bitcoin Price Prediction outlines two near-term paths: a range-trade setup with long near $88K–$85.5K and targets around $89.8K–$92K, or a breakout above $90K targeting about $92.5K–$96K, with invalidation below $88.8K. A bearish breakdown would be triggered by a daily close below $88K, aiming toward $85.4K–$80K, with invalidation only upon reclaiming above $89K.
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