Bitcoin is currently in a consolidation phase, trading below the EMA50, which indicates ongoing market weakness. Market makers are maintaining a tight trading range to accumulate liquidity, with significant levels identified around $97,000 and $105,000. Analyst Doctor Profit has suggested that the recent dip below the EMA50 could signal the onset of a bear market, with potential price targets between $72,000 and $75,000 in early 2026, unless liquidity conditions shift.