BTC is stuck around the $90,000 mark—who has the ability to break through this critical resistance?



The current cryptocurrency market shows obvious sideways trading characteristics. The global geopolitical situation remains turbulent, with tensions between the US and countries like Venezuela adding uncertainty to the market. In this macro environment, investor sentiment is relatively cautious.

Interestingly, the precious metals market is moving in sync—the price fluctuations of gold and silver show a correlation with the performance of crypto assets. This reflects the market's balancing act between risk assets and safe-haven assets. The $90,000 price level is a key breakout point for Bitcoin; whether it can break through largely depends on the willingness of institutions and large holders to intervene. Current trading volume and market participation will determine the subsequent trend.
BTC0,02%
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MetaverseHermitvip
· 17h ago
Wait, gold and cryptocurrencies can also be linked? That logic sounds a bit absurd, or am I misunderstanding?
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TokenTaxonomistvip
· 17h ago
ngl, let me pull up my spreadsheet here... statistically speaking, this 90k resistance isn't taxonomically unique at all. seen this pattern before, data suggests otherwise regarding institutional appetite tbh.
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DegenApeSurfervip
· 18h ago
The 90,000 level is really stuck. Let's see when the institutions will step in.
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