Bitcoin’s price remains in a phase of indecision, bouncing between key support and resistance levels. The world’s largest cryptocurrency has been unable to break past $98,000, leaving traders and investors wondering whether the next move will be up or down.

After losing 7% in value over the past week, Bitcoin is now struggling to maintain stability. Some analysts warn that BTC could fall as low as $88K, while others believe this is just a temporary dip before another rally. The question remains—is Bitcoin on the verge of a correction, or will it rebound soon?

Bitcoin’s Key Resistance and Support Levels

Right now, Bitcoin is at a crucial stage, with its price reacting to major levels in the market. The cryptocurrency is moving between resistance at $98K and support near $93K, with both levels playing a vital role in determining the next direction.

Current Market Levels:

• Resistance zone: $97,500 – $98,500
• Support zone: $93,600 – $94,000

A breakout above $98,500 could lead to a new bullish phase, possibly pushing Bitcoin toward the $100K milestone. However, if BTC fails to maintain support at $93,600, the selling pressure could increase, driving the price down to $88K-$90K.

Analyst Predictions – Could Bitcoin Fall to $88K?

Market experts have mixed opinions about Bitcoin’s next move. Some believe BTC is still in a healthy consolidation phase, while others expect a deeper correction.

A well-known analyst, Capo, shared his thoughts on the market, stating:

“Bitcoin may drop another 5%-10% before finding strong support. This could be a normal correction before the next leg up.”

However, he later added that Bitcoin could test the $88K level before stabilizing. This has raised concerns among traders, as such a drop could trigger short-term panic selling in the market.

Long-Term Outlook – Should Investors Be Concerned?

Despite the current uncertainty, many analysts believe that Bitcoin’s long-term trend remains bullish. Pullbacks are a common part of any bull market, and historically, BTC has always recovered from corrections.

Investors looking at Bitcoin’s bigger picture see strong institutional interest, growing adoption, and increasing demand. These factors suggest that even if Bitcoin drops to $88K, it could be a temporary dip before another upward move.

As history has shown, every major Bitcoin rally has included short-term pullbacks, which often serve as buying opportunities for long-term investors.

What’s Next for Bitcoin?

The next few days will be crucial for Bitcoin’s price action. If BTC manages to hold above $93,600, it could indicate a market recovery. However, if bearish pressure pushes BTC below support, a deeper correction toward $88K could be on the horizon.

For now, traders should stay alert and prepare for high volatility in the market. Whether Bitcoin rebounds or falls further, the coming weeks will shape the next phase of the cryptocurrency landscape.

Will Bitcoin Hold Steady or Face a Steeper Decline?

The uncertainty in Bitcoin’s price action is making traders cautious. Some investors are closely watching for signs of buying momentum, while others fear that increasing sell pressure could lead to a deeper correction. If Bitcoin manages to stay above key support levels, it might regain strength and push towards the $100K mark in the coming months. However, if bearish sentiment dominates, the market could see a sharp downturn before finding a new bottom. As always, Bitcoin’s next move will depend on a mix of market trends, investor sentiment, and global economic factors influencing the crypto space.