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Bitcoin finds itself locked in a tight consolidation zone with dwindling volatility. The picture gets clearer from here—two critical scenarios are taking shape.
Scenario one: $BTC manages to flip the $92,000 level into solid support, which would open the door for upside momentum. Scenario two: a breakdown pushes price action toward the $88,000 region where the CME gap sits waiting to be tested.
Both paths are on the table. Right now the market hasn't committed to either direction, which means traders are best served sitting tight and letting the next move declare itself before committing capital.