Bitcoin’s $90K Level Under Review: Here’s What Analyst Suggests 📉
Bitcoin is displaying bearish trends, trading below $91,000 and sparking debates about its future direction. Analysts, including CryptoQuant contributor Percival, are focusing on major market metrics to forecast BTC's trajectory.
Percival's analysis emphasizes Bitcoin's historical seasonal behavior, noting increased sell-side pressure towards the year's end, often persisting into January. Institutional profit-taking and macroeconomic factors are influencing this trend.
Despite these pressures, Bitcoin maintains its $90,000 support, experiencing a 13% decline in Open Interest, primarily attributed to activity on the Chicago Mercantile Exchange. Bitcoin ETFs have seen a reduction in monthly inflows, reflecting broader market sentiment.
Percival highlights diminished sell-side pressure in January, with sell-side risk indicators showing market balance, aided by favorable Short-Term Holder Market Value to Realized Value levels. Demand dynamics remain crucial, with on-chain volume indicating strong market interest.
The gap between the STH MVRV average and the short-term holder cost base could allow external events to impact Bitcoin's price. However, the balance between demand and sell-side risks suggests consolidation.
Source: www.newsbtc.com ↗
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Possible Bitcoin Price Movements Depend on Key Resistance and Support Levels: A Look at $97K and $64K
Bitcoin’s Liquidity Dynamics Suggest Potential for Price Gains Ahead of Yearly High
Bitcoin Approaches $98K: Is This the Start of a Bull Run or a Risky Trap?
Bitcoin Faces Resistance at $100,000: What Could Happen Next?
Bitcoin’s Recovery Prospects Hang on Reclaiming Critical $92k Support Level
Bitcoin’s Path to Recovery: Key Levels to Watch Amid Market Signals
Bitcoin Eyes $93.5k Breakeven Level as Short-Term Holders Contemplate Market Sentiment Shift
Bitcoin Approaches Critical Support at $97,190 as Reactivated Coins Signal Potential Market Changes
Bitcoin Approaches $100,000 Amid Positive US CPI Data While Traders Anticipate Potential Volatility
Bitcoin Price Analysis: Will BTC Break Resistance at $106,000 to Approach $110,000 Soon?
BTC Price Surges to $91,863 Amid Bullish Market Sentiment: Key Support and Resistance Levels Explained
Bitcoin Price Dynamics: Analyzing Social Sentiment and MVRV Metrics Around $104,000
Bitcoin’s On-Chain Holding Cost Analysis: Key Resistance at $96,000 Amid Selling Pressure
Bitcoin Faces Price Resistance Below $100,000 Amid Potential Altcoin Breakouts
High Demand Signals Bullish Trend for Bitcoin Despite Price Fluctuations
Bitcoin’s Potential to Reclaim $90,000 Support Amid US Strategic Crypto Reserve Speculation
Bitcoin Rallies Below $103,000 as FOMC Remarks Suggest Potential for Price Breakthroughs
Bitcoin Reclaims $102,000 Amid Market Uncertainty, Suggesting Potential for Next Bullish Move
Bitcoin’s Third Corrective Phase: Could a Breakout Above $100K Lead to New Highs?
Bitcoin Price Predictions: Analyst Suggests Possible Test of $100,000 Amid Recent Recovery
Bitcoin’s Critical Support Test at $73,835: Is a Major Rally Ahead?
Bitcoin Attempts to Reclaim $100,000 Amid Market Volatility and External Concerns
Bitcoin Faces Selling Pressure: Can It Reclaim $105,000 to Spark a Potential Recovery?
Bitcoin’s Price Stability Hinges on $93,300 Support as Traders Anticipate Potential Breakout or Correction
Bitcoin’s Chart Indicators Suggest Potential Uptrend Towards $100,000 Amidst Key Support Levels
Bitcoin Reclaims $98,000: Analyzing Potential for New All-Time Highs Amid Decreased Exchange Supply
BTC Maintains Short-Term Strength: Analysts Highlight 94,000 as Key Support Level Amid Cautious Optimism
Bitcoin May See Positive Shift This Weekend, Analyst Predicts Potential Rise Toward $100,000
Bitcoin Faces Resistance Near $95,000; Will Demand Support Next Price Movements?
Bitcoin Faces Challenges at $94,000 Mark as Analysts Cite Selling Pressure and Market Uncertainty
Bitcoin’s Price Outlook: Key Factors Influencing Short-Term Movements and Support Levels
Bitcoin Price Outlook: Could a Volatile Weekend Push BTC Towards $105K-$108K?
Retail Activity Declines: Could Bitcoin (BTC) Reach $94,000 Without Increased Investor Support?
Bitcoin Price Could Test Support Around $90,000 as Market Conditions Unfold
Bitcoin Shows Potential for Rally as Key Support Emerges Around $81K, Targeting $97K Resistance
Bitcoin Price Faces Crucial Resistance at $102,000, Analysts Suggest Potential Rangebound Trading Ahead
Bitcoin’s Current Tight Price Range Signals Potential Volatility as $100,000 Remains in Focus
Short-Term Bitcoin Price Predictions: Potential Breakout to $110K or Decline Towards $96K
Bitcoin Faces Resistance Near $90,000 While Analysts Suggest Potential Long-Term Upside in Crypto Market
Bitcoin’s Potential Recovery: Could a Break Above $89,800 Indicate a Move Toward $90,000?
Bitcoin’s Key Price Levels Suggest Possibilities for Correction or Surge Beyond $100,000
Bitcoin Traders Eye Possible Return to $90,000 as Market Sentiment Weakens
Bitcoin Consolidates Below All-Time High: Analysts Suggest Potential Breakout Above $109,588 or Support at $100,000
Bitcoin Faces Potential Consolidation Challenges Amid Key Resistance and Support Levels
Bitcoin Faces Resistance at $90,000 as Analysts Predict Possible New Highs Amid Strategic Reserve Developments
Bitcoin Investors Eye $110,000 Milestone as Long-Term Holders and Retail Accumulation Signal Potential Growth
Bitcoin Nears Critical $84,640 Level: Possible Rally or Correction Ahead
Bitcoin’s Potential Breakout: Key Metrics Hinting at a Possible Move Beyond $90K-108K Range
Bitcoin’s Price Movements Approach Critical $100K Resistance Amid Rising Open Interest Dynamics
Bitcoin Shows Promising Signs of Rallying Towards $100,000 Amid Investor Accumulation
Bitcoin’s Critical Price Range: Should Traders Watch the $90,000 to $95,000 Zone Amid Recent Market Sell-Off?
Bitcoin Approaches $110,000 High Amid Cooling Momentum Signals and Potential Consolidation Risks
Bitcoin Choppiness Index Signals Potential Trend Shift as Prices Hover Near $100,000
Bitcoin Faces Critical Support at $100K Amid Recent Pullback and Uptrend Potential
Bitcoin Eyes $105,000 Resistance Amid Positive Market Conditions and Rising Trading Volumes
Bitcoin Could Approach $100,000 If Bullish Momentum Continues Amid Rising Technical Indicators
Bitcoin Faces Resistance at $87,500: Analysts Explore Potential Outcomes for Altcoins and Market Dynamics
Bitcoin’s Golden Cross Suggests Possible Short-Term Gains and New All-Time Heights
Bitcoin’s Price Consolidation Suggests Possible Rally Towards $90,000 Amid Positive Market Metrics
Bitcoin Bulls Targeting Key Resistance as Market Sentiment Shifts and Potential Uptrend Emerges
Bitcoin Could Approach All-Time Highs If Key Support at $97,000 Holds, Analysts Suggest
Bitcoin Price Struggles Amid Macro Trends, But Analysts Suggest $105,000 Rebound Possibilities
Bitcoin Approaches $100,000: Will Bulls Secure a Breakout Amid US Dollar Weakness?
Bitcoin Faces Resistance Below $100,000 but Signs of Potential Reversal Emerge
Could Market Manipulation Be Affecting Bitcoin’s Price Dynamics Amid Regulatory Changes?
Bitcoin Price Approaches All-Time Highs as Traders Anticipate Potential Breakout Near $122,000
Bitcoin Price Movements: Could a Return to $106,000 Confirm an Uptrend or Signal a Dip to $85,000?
Bitcoin’s Trillion Dollar Anniversary: Exploring Possibilities Below $100,000
Bitcoin Market Sentiment Holds Cautiously Bullish Amid Key Resistance at $99,000
Bitcoin Faces Narrow Trading Range as Traders Eye $100,000 Level for Potential Breakout
Bitcoin’s Recent Uptrend May Signal Possible Rally Toward $276,400 Amid Positive Market Sentiment
Bitcoin Price Eyes $90,000 Resistance Amid Positive Market Sentiment and Potential April Rally
Bitcoin Faces Challenges Below $100,000 While Adoption Gains May Signal Potential Recovery
Bitcoin’s Stability Raises Questions on Potential Movements Towards $100,000 Amid Market Trends
Testing Times for Bitcoin as Traders Aim for $100,000 Amid Altcoin Gains and Market Caution
Can Bitcoin Reinforce Bullish Sentiment by Holding Above Critical $96k Level?
Bitcoin’s Stability Above $100K: A Potential Catalyst for Market Confidence
Bitcoin’s Resistance at $100K and Support at $95K: Assessing Potential Price Movements and Network Fundamentals
Bitcoin’s Path Ahead: Navigating Greed and Fear Amid Market Uncertainty
Bitcoin Strengthens Amid Positive Sentiment; Could a Rally to $100K Be Possible?
Bitcoin’s Future: Could Wyckoff Pattern Indicate a Move Towards $100,000?
Potential Bitcoin Rally Hinges on Market Liquidity and Break Above $100,000 Resistance
Bitcoin Price Analysis: Will Support Hold as Market Tests $75,000 to $85,000 Range?
Bitcoin’s Path to Stability: Can It Reclaim $100,000 Amid Volatility Concerns?
Bitcoin Price Analysis: Bullish Sentiment Persists Amidst $100,000 Fluctuations
Bitcoin’s Short-Term Outlook Suggests Potential Resistance at $90k While Bullish Momentum Persists
Bitcoin’s Recent Strength Suggests Potential Rally Towards $100,000 Amidst Optimism and Technical Support
Bitcoin’s Recovery Near $85,000 Suggests Limited Downside, Analysts Highlight Key Resistance Levels
Bitcoin Faces Bearish Pressure Below $90,000 with Potential Range-Bound Movement in March
BTC Price Optimism Persists as Traders Look Toward $100,000 Despite Market Volatility Risks
Bitcoin Price Lows Around $85,000 May Signal Possible Rebound Towards $93,500 Amid Market Manipulation Concerns
Bitcoin’s Path to $100,000: Analyzing Current Trading Ranges and Market Catalysts
Bitcoin’s Price May Rally Towards $105K if Liquidity Trends Continue and Resistance Levels are Cleared
Bitcoin Traders Eye $82,000 Support Amid Concerns of Volatility and Potential Rebound to $88,000
Bitcoin Price Analysis: Strong Resistance Expected as Accumulation Peaks Between $96,000 and $98,000
Bitcoin Price Analysis: Consolidation Phase Signals Imminent Breakout or Retreat Ahead
Bitcoin Faces Resistance at $99,500 as Bearish Pressure and Weak Whale Sentiment Suggest Possible Consolidation Ahead