Bitcoin entered a volatile weekend range, testing traders’ patience as price action slows and volatility eases. Despite the sideways movement, the critical trend line just below current levels remains intact, keeping the broader market outlook cautious but far from broken.
Bitcoin is moving in a typical weekend range
According to the recent update By Lennaert Snyder, Bitcoin entered a typical weekend range. Weekend trading is often characterized by low liquidity and volatile price, which can make moves less predictable and more prone to false signals. Snyder takes a cautious approach, waiting for a clear trigger at the limits of this range before committing to any trade.
Snyder notes that the $90,930 level could represent a strong opportunity to reduce liquidity if a liquidity move occurs and price does not hold. On the other hand, if Bitcoin shows strength and manages to break above this threshold, it could signal bullish momentum, making long positions potentially attractive for traders looking to take advantage of the breakout.
Similarly, the critical low is near $88,430. A drop below this level followed by a quick reversal could offer long positions. However, if support fails and the market structure breaks, this would likely cause a continuation of the short-term market shock. These levels act as key decision points where traders can assess whether momentum is going in favor of buyers or sellers in the short term.
Snyder emphasizes that these setups are primarily scalp trades, with lower risk exposure. The expert executes trades only when all confirmation signals are aligned, ensuring that clear technical reasoning supports each position.
Looking ahead, external factors could add more volatility to Bitcoin price movements. Geopolitical tensions and the return of major market participants next week are expected to increase trading volume and momentum, potentially turning these weekend range moves into larger trends.
BTC is holding key support of the Investor Tools model around $83,900
Recently, crypto analyst Patel highlighted that Bitcoin is holding a key support level known as the Investor Tool Model Support, located around $83,900, which also coincides with the 730-day moving average. This level has historically acted as a major hub for Bitcoin, helping gauge the broader market trend.
According to Patel, a decisive break below this support has historically signaled the start of a confirmed bear market, while a hold above it usually indicates a corrective phase rather than a long-term downtrend. In other words, this level serves as the critical dividing line between temporary pullbacks and structural weakness.
Currently, the $83,900 zone is a key area to watch closely. Price action around this support could determine whether Bitcoin continues its upward trajectory or risks entering a more extended bear phase, making it a key decision point for the market.
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