BREAKING
97d 7h ago

Bitcoin Price Forecast: Bear Market Likely to End Around $84K Amid Complex Sideways Rally to $116K

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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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