Bitcoin Price Remains Range-Bound Between $86,500 and $90,000 as Traders Await Breakout
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Stability: Bitcoin price remains locked between $86,500 and $90,000, with traders closely monitoring for a breakout signal, indicating cautious market sentiment and a lack of clear direction.
- Liquidity Event Impact: A brief drop to around $24,000 on Binance was attributed to low liquidity rather than a market collapse, highlighting the market's sensitivity to liquidity changes.
- Optimistic Long-Term Forecasts: Analysts project Bitcoin could reach between $110,000 and $160,000 by 2026, assuming stable market conditions without major liquidity shocks, reflecting confidence in future growth.
- Support and Resistance Focus: Market participants continue to watch Bitcoin's support and resistance levels, with analysts noting that a move above $90,000 could pave the way toward $100,000, demonstrating market anticipation for price movements.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






