Bitcoin Price Prediction: Can BTC Break Out of the $89K Range This Week?
Bitcoin held near $89,000 on Sunday, trading in a tight range as the broader crypto market slipped, bringing total market cap down to $3.01 trillion. Volume has cooled compared to earlier in the month, and with smaller price swings and no clear direction, BTC remains capped below key resistance levels.
🔸 Resistance Still Blocking Upside
BTC has repeatedly failed to break through the $92,000–$93,000 resistance zone. Each attempt higher has been met with selling pressure—largely from profit-taking and lingering derivatives unwinding. Until this barrier is decisively cleared, analysts expect upside momentum to stay muted.
On the downside, $86,000–$88,000 remains the key support area. A break below this range could trigger fresh selling and potentially drag BTC toward the lower $80,000s. For now, buyers continue to defend this zone, keeping price action sideways.
🔸 Altcoins Reflect the Same Slowdown
Ethereum, BNB, Solana, and XRP also cooled off, echoing Bitcoin’s sluggish pace. The broader market RSI hovering near 39 points to mild oversold conditions, but not enough to signal a confirmed reversal. Markets appear to be waiting for new macro catalysts or strong liquidity inflows.
🔸 What to Watch Next
Until BTC escapes this narrow band, sideways movement is the base case.
A break above $92K would be the first sign of renewed strength.
A move below $86K could confirm deeper weakness ahead.
