Bitcoin is facing resistance above $85,000, with Michael Saylor’s firm adding significant holdings. Despite apparent bullish trends, institutional outflows threaten momentum. The S&P 500 Index is set for potential range-bound action between 5,119 and 5,500, influenced by market sentiment. The US Dollar Index has declined sharply, with support at 99.57 and potential drops to 97.50 and 95. Bitcoin appears to be consolidating, having broken resistance, with potential targets at $89,000 and subsequent support levels at $78,500 and $73,777. Ethereum struggles below its 20-day EMA, with critical support at $1,368. XRP sees selling pressure at $2.24, while BNB aims to break above resistance at $645. Solana is battling resistance as well, with potential rises to $180 if it clears the 50-day SMA. Dogecoin faces resistance from moving averages, while Cardano checks demand at $0.65. UNUS SED LEO is stuck in a range, needing to break $9.90 for bullish momentum. Overall, market volatility continues amidst varied altcoin performances.

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