Bitcoin consolidates near $90K after sharp Q4 correction

Bitcoin trades around $90,152, essentially flat on the day, after a 26% pullback from October’s $126K peak that 24/7 Wall St. frames as a consolidation phase rather than a breakdown. Macro headwinds, including looming Bank of Japan rate hikes that threaten global carry trades, are keeping upside in check even as long‑term narratives focus on ETF demand, the 2028 halving, and 2030 price targets between $120K and $1M.