#BTCMarketAnalysis Bitcoin (BTC) is currently trading around $88,630, reflecting a short-term pullback from recent highs. After rallying into the mid-$95,000s earlier this month, BTC has retraced and is consolidating near $89,000–$92,500, showing mixed momentum as traders digest macro developments.
📉 Recent Price Action
BTC Highs: ~$95,000 in mid-January
Current Range: ~$88,630–$92,500
Short-Term Support: ~$88,000–$89,000
Immediate Resistance: ~$93,000–$95,000
Major Psychological Barrier: ~$97,000–$100,000
This price action reflects profit-taking, risk-off sentiment, and short-term indecisio