Bitcoin Rebounds Above $88,000 After Fresh 2026 Lows

[chainsniff]

Bitcoin recovered above $88,000 following the Wall Street open on Monday after briefly hitting new 2026 lows near $86,000. Data from TradingView showed BTC bouncing from the weekly close, easing immediate downside pressure after a weak weekly candle raised concerns among traders.

Despite the rebound, market sentiment remains cautious. Several analysts warned that the move higher may be temporary, with broader uncertainty weighing on risk assets. Macro headwinds, including US trade policy concerns, a Federal Reserve rate decision and global market volatility, continue to influence price action.

While short-term direction remains unclear, Bitcoin has so far avoided a deeper breakdown, keeping traders focused on key support levels.

[ed]

btc bouncing off 86k is kinda relief but feels like a paper bounce more than a real rally