Bitcoin Price Update – $90K Coming Soon?

Bitcoin is currently trading at $84,570 after pulling back from its all-time high of $109,079 (Jan 20, 2025). 

Bitcoin Chart (Source Trading View)

The price is moving sideways right now, but it’s holding strong above support and getting ready for the next big move.

What’s Happening in the Market?

The Fear & Greed Index is at 33, which means most people are feeling afraid. 

But in crypto, fear often brings good buying chances. Bitcoin is holding support around $82,000, and the main resistance is at $86,455. 

If the price breaks above this level, it could quickly jump to $90,000 or even higher.

Bitcoin’s Strength

Bitcoin still has strong fundamentals:

• Market Cap: $1.68 trillion

• Dominance: 62.60% of the crypto market

• Supply: 19.85 million BTC are already in circulation out of 21 million

• Inflation Rate: Just 0.85% (very low – this is good for price)

With most of the supply already mined, Bitcoin is becoming more scarce. 

Less supply and more demand usually means higher prices.

Price Prediction

• Support Zone: $82,000

• Resistance: $86,455

• Next Target: $90,000 – $95,000

• Cycle Low: $74,530 (still safe)

Final Thoughts

🔹 Right now, Bitcoin is looking strong and stable. 

🔹 This sideways movement could be a calm before the next rally. 

🔹 If BTC breaks above $86,455, the price will likely shoot toward $90,000 and beyond.

This could be a smart time to prepare, the next big move may be just around the corner.