BTC

BTC has stayed under 90,900 for the past 2 months due to a mix of key factors:

🫟 Strong Resistance Zone:

The 90K–$91K area is a major psychological and technical resistance.

Many traders are taking profits near this level, creating strong selling pressure.

🫟 Market Sentiment & Fear:

Despite positive longer-term outlooks, short-term fear and uncertainty about regulations, ETFs, or macroeconomic data (like inflation or interest rates) keep buyers cautious.

🫟 Whale & Institutional Activity:

Large players may be *accumulating or distributing* BTC in this range, causing price suppression.

🫟 Lack of Catalysts:

No major bullish news/events recently (like ETF approvals or major adoption) to push BTC through that ceiling.

🫟 Overbought Technicals:

BTC had a strong run earlier. It's likely consolidating, allowing indicators (like RSI) to cool down.

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