Bitcoin Trades in Tight $86,500–$90,000 Band as Analysts Watch for Break Above $90,000

Bitcoin has been consolidating between about $86,500 and $90,000 after a pullback of nearly 30% from its October peak above $125,000. Analysts such as Lyn Alden and Michaël van de Poppe see this as a structural reset, with $86,500 acting as key downside support and a reclaim of $90,000 potentially opening a path toward the $100,000–$105,000 area. While gold and silver have rallied to new highs in 2025, Bitcoin is showing compressed volatility and steady dip buying, suggesting a base may be forming without needing a correction in precious metals.