Bitcoin is consolidating around current levels with traders closely monitoring critical support and resistance zones. The path forward hinges on two scenarios:

If BTC manages a decisive break above $90,354, it could validate the early stages of a bullish wave-3 surge, potentially igniting the next leg of upside momentum. However, as long as price holds below this resistance, a pullback toward $86,096 remains on the table as a near-term possibility.

Right now, sideways price action is the name of the game—classic accumulation territory where both bulls and bears are positioning for the next directional move. Watching these levels is essential for gauging whether we're about to see a breakout rally or a deeper retracement in the near term.