Bitcoin is currently consolidating between $85,000 and $92,000, influenced by liquidity clusters and Fibonacci levels that are shaping its near-term movements. A significant factor contributing to this price action is a strategy controlling 3.2% of Bitcoin's treasury, which is tightening supply and adding upward pressure on the price.
Traders are closely monitoring key zones for potential breakouts or pullbacks, as the market sentiment remains mixed. The fear and greed index reflects this uncertainty, indicating a cautious approach among investors as they navigate the current market dynamics.
Bitcoin Consolidates Between $85K and $92K Amid Liquidity and Scarcity
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