Bitcoin Rangebound Below $90,000 As Analysts Eye Major Test In Early 2026

Bitcoin has been trading between $80,000 and $94,000 since a late November correction, with price action stuck mostly in the $84,000-$90,000 band and recently hovering around $87,350. Analysts warn that failure to reclaim the $90,000 resistance could trigger another move toward $84,000, while some expect a decisive test of the current cycle in Q1 2026 with scenarios ranging from a rally toward $100,000 to a drop into the $60,000-$70,000 zone.