Bitcoin Price Falls to $86,032 Amid Volatility, Analyst Warns of Green Zone Support

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Citing Bijiie, Bitcoin (BTC) is currently trading at $86,032, down 0.7% over the past seven days. The price briefly broke above $92,000 earlier this week but has since retreated. Over the last 24 hours, BTC fluctuated between $85,694.01 and $91,904.65. Despite the pullback, the crypto market maintains a $1.72 trillion market cap, supported by over $62.7 billion in 24-hour trading volume. Senior market analyst Peter Brandt noted that BTC is trading near the upper boundary of a historical 'green zone' support level, which has previously coincided with market rebounds. He warned that a breakdown below this level could signal further weakness. Recent liquidation data also shows a heavy skew toward long positions, with over $20 million in longs liquidated within a four-hour window.

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