Bitcoin is sitting at a critical crossroads once again, hovering dangerously close to a liquidity pocket that could trigger deeper losses if bulls fail to respond. Momentum has slowed, volatility is tightening, and attention is now locked on one key level that could determine whether BTC stages a recovery or slips further into the trap below $82,000. Key Resistance at $89,000 Remains Bitcoin’s Biggest Hurdle Analyst Lennaert Snyder highlighted in a recent update that BTC is currently locked in a critical fight for the key $89,000 resistance level. He acknowledged the recent price action, noting that Bitcoin had a “nice bounce” from the support box he posted yesterday, advising those who longed for the bottom to “enjoy the gains. Related Reading: Bitcoin’s Sudden Volatility Jump Signals Options Could Be Calling The Shots—Analyst Snyder confirmed that the $86,000 support box is still valid, but stressed that this level should now only be used for reversals. A return to this support would be interpreted as a weak sign, indicating that buyers are struggling to maintain the current altitude. The primary objective remains to break the immediate overhead barrier. Lennaert Snyder states that Bitcoin still needs to decisively reclaim the $89,000 resistance to trigger a meaningful rally and long entries to the next target at $93,000. Given the ongoing struggle at resistance, the analyst confirms that it is “totally understandable” if traders are looking for local short entries. Losing the crucial $86,000 support level would confirm a structural breakdown, triggering shorts to the next major target at the $82,200 rangelow. Finally, Lennaert Snyder warned about the potential for a deeper move, stating that if the market goes for the lows again, it should be treated as a reversal opportunity only. He notes a high probability that sellers will sweep the $80,600 low to “tank new fuel.” Smart Risk First: Analyst Stresses Discipline Over Aggression According to crypto expert and investor Ted Pillows, the current Bitcoin setup is a moment that demands strict risk management. He emphasized that BTC continues to face heavy rejection around the $88,000 resistance level, making this zone a decisive barrier for further upside. Related Reading: Bitcoin Price Recovery Loses Strength, Traders Watch $90K as Last Line of Defense In response to the ongoing uncertainty, Ted noted that he has manually taken partial profits across all open trades. The move is meant to reduce exposure and protect capital until Bitcoin provides a clearer directional signal. With volatility tightening, he believes caution is the smarter play. Ted added that he intends to scale back into his positions only after Bitcoin successfully flips the resistance level into support and holds above the S/R zone. Featured image from Pngtree, chart from Tradingview.comBitcoin is sitting at a critical crossroads once again, hovering dangerously close to a liquidity pocket that could trigger deeper losses if bulls fail to respond. Momentum has slowed, volatility is tightening, and attention is now locked on one key level that could determine whether BTC stages a recovery or slips further into the trap below $82,000. Key Resistance at $89,000 Remains Bitcoin’s Biggest Hurdle Analyst Lennaert Snyder highlighted in a recent update that BTC is currently locked in a critical fight for the key $89,000 resistance level. He acknowledged the recent price action, noting that Bitcoin had a “nice bounce” from the support box he posted yesterday, advising those who longed for the bottom to “enjoy the gains. Related Reading: Bitcoin’s Sudden Volatility Jump Signals Options Could Be Calling The Shots—Analyst Snyder confirmed that the $86,000 support box is still valid, but stressed that this level should now only be used for reversals. A return to this support would be interpreted as a weak sign, indicating that buyers are struggling to maintain the current altitude. The primary objective remains to break the immediate overhead barrier. Lennaert Snyder states that Bitcoin still needs to decisively reclaim the $89,000 resistance to trigger a meaningful rally and long entries to the next target at $93,000. Given the ongoing struggle at resistance, the analyst confirms that it is “totally understandable” if traders are looking for local short entries. Losing the crucial $86,000 support level would confirm a structural breakdown, triggering shorts to the next major target at the $82,200 rangelow. Finally, Lennaert Snyder warned about the potential for a deeper move, stating that if the market goes for the lows again, it should be treated as a reversal opportunity only. He notes a high probability that sellers will sweep the $80,600 low to “tank new fuel.” Smart Risk First: Analyst Stresses Discipline Over Aggression According to crypto expert and investor Ted Pillows, the current Bitcoin setup is a moment that demands strict risk management. He emphasized that BTC continues to face heavy rejection around the $88,000 resistance level, making this zone a decisive barrier for further upside. Related Reading: Bitcoin Price Recovery Loses Strength, Traders Watch $90K as Last Line of Defense In response to the ongoing uncertainty, Ted noted that he has manually taken partial profits across all open trades. The move is meant to reduce exposure and protect capital until Bitcoin provides a clearer directional signal. With volatility tightening, he believes caution is the smarter play. Ted added that he intends to scale back into his positions only after Bitcoin successfully flips the resistance level into support and holds above the S/R zone. Featured image from Pngtree, chart from Tradingview.com

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more