Derived from TheMarketPeriodical, Bitcoin price is currently hovering around $87,500, with analysts highlighting key support and resistance levels that could determine its near-term direction. Market indicators show increased downside liquidity and negative funding rates, raising the risk of a liquidity sweep toward $79,000–$83,000. Analysts like Crypto Patel and Ali Martinez suggest that a breakdown below $85,000 could send BTC toward $75,000, while a rebound above $88,000 may push it toward $93,000. Meanwhile, U.S. spot Bitcoin ETFs are stabilizing, with IBIT returning to net inflows after significant outflows last week. JPMorgan is also introducing a structured Bitcoin-linked product for institutional clients.
Bitcoin Price Oscillates Between $75,000 and $93,000 Amid Market Uncertainty
TheMarketPeriodicalShare
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