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Bitcoin is at the center of a structurally complex macro backdrop, according to Banmuxia, a noted Chinese crypto analyst cited by COINOTAG News. While some observers anticipate the bear market ending near $84,000, the path there is unlikely to be a straight decline, with a prolonged sideways consolidation likely as macro and on-chain signals are digested.
Near-term dynamics point to a modest pullback toward roughly $94,500, followed by an oscillating regime that defies a clear trend. A technical rebound could push prices above $116,000 before easing back toward the $84,000 zone, implying 6-8% swings and ongoing volatility.
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