#btc Bitcoin (BTC/USD) is currently navigating a high-confluence consolidation phase on the 15-minute timeframe. After a period of corrective pressure that saw prices pull back from monthly highs near $98,000, the market is attempting to establish a stable base. Current technical indicators suggest a transition from distribution to a potential re-accumulation phase as institutional interest remains concentrated around critical psychological levels.

Detailed Technical Breakdown:
Institutional Demand Zone: A primary demand floor is firmly established between $87,000 and $87,500. This zone has historically acted as a critical support area, successfully absorbing sell-side pressure during recent market volatility.
Mid-Range Consolidation: The pair is currently trading in a tight range near $88,200, just below the psychologically important $90,000 mark. Higher lows formed in recent sessions indicate that buyers are becoming more resilient.
Projected Trajectory: As illustrated by the black forecast path, we anticipate a strategic "stop-run" or liquidity sweep towards the $86,750 region to clear out late-long positions before a decisive move higher.