Bitcoin is currently consolidating in a tight range between $84,000 and $90,000. Following the Federal Reserve's decision to hold interest rates, the market has shifted to a "sell the news" sentiment. While long-term institutional adoption remains bullish, near-term technicals suggest a cautious "anxiety" phase with significant options expiry pending.

The Immediate Outlook
The Bear Case (Short-term): Technical indicators and Wyckoff analysis suggest a high probability of a further dip toward a "market bottom" sub-$80,000 (potentially $74,000–$78,000) before February.

The Bull Case (Consolidation): If BTC can reclaim and close above the $87,500 level (the 2026 opening level) in the next 24 hours, it may stabilize and return to the $90,000–$94,000 range.
$BTC ‌#CryptoRegulationNewProgress