here comes bitcoin cat narxibtc

Bitcoin is experiencing very low volatility due to reduced Sunday liquidity. As downside pressure increased, I opened a short position from 88,414 to better identify the active wave direction and market structure. Follow and join my copy trade

The crypto market today is showing mixed signals as buyers and sellers remain cautious. Major coins are moving within tight ranges, indicating uncertainty rather than weakness. This kind of market usually appears when traders are waiting for confirmation before committing capital. Bitcoin continues to guide overall sentiment, while altcoins respond selectively. Some sectors show strength, others cool down, signaling rotation instead of a clear trend. For traders, discipline and patience are more important than speed today. $CRYPTOMARKETTODAY $BITCOIN $ALTCOINS

$BTC is now trading under $89,000. This recent price action is concerning. A failure to quickly regain the $90,000 level could lead to a test of the $85,000-$86,000 range.

The Bitcoin price is showing signs of history repeating itself, as current price action mirrors key patterns from the 2021 cluster. With resistance near $91,000–$92,000 and the macro downtrend looming, traders are watching closely to see if $BTC will break higher or face renewed pressure. The coming days could prove decisive in shaping the next major move. Bitcoin Mirrors 2021 Cluster: History In Motion Bitcoin continues to mirror the price patterns seen during the 2021 cluster. Crypto analyst Rekt Capital noted that the current market structure is echoing historical behavior, suggesting that similar dynamics are at play. Traders are closely watching these familiar patterns to gauge whether the cycle is repeating itself or if new trends may emerge. The rules of the game remain consistent. A bearish acceleration would likely be triggered if Bitcoin breaks down from the macro descending triangle base, currently positioned around $82,000. Conversely, a bullish bias would require a decisive break above the macro downtrend, which sits near $100,000. These levels serve as critical decision points for the market, dictating whether bulls or bears gain control in the coming sessions. So far, Bitcoin has encountered rejection in the high $90,000s, falling just short of the macro downtrend. This mirrors previous market behavior, in which the asset developed a basing structure near the triangle’s base before attempting to push higher toward the downtrend’s upper boundary. It demonstrates that history is repeating itself for now, with the market consolidating and preparing for its next directional move. If the macro downtrend continues to act as resistance, the triangle’s base may gradually weaken over time. Such a development would increase the risk of further downside, making the reaction at both the base and the downtrend crucial. BTC Surpasses $91,000 Before Facing Selling Pressure In a recent market update by Ted, it was noted that while Bitcoin broke above the $91,000 threshold yesterday, the rally met significant resistance. Sellers entered the market with substantial force at these local highs, effectively capping the momentum and preventing a sustained breakout. As a result of this rejection, Bitcoin has retreated into the “no-trading zone.” Ted suggests that this period of sideways price action is likely to persist through the next couple of days, largely driven by the typical low-liquidity environment seen during the weekend. Looking ahead, the outlook remains cautious. Ted emphasizes that any upward movements will likely be short-lived until $BTC can decisively clear the $91,000 to $92,000 resistance zone. Meanwhile, such a move must be backed by strong spot demand to prove its validity.