**Bitcoin Selloff Trends š»**
A short period after rapid expansion, the price of BTC struggles to surpass the $90,000 mark, suggesting a potential selloff rather than a continuous upward trend.
**Mining Solution - Selloff Trend š**
Entry range: 88,200 ā 89,500, targeting any rebound that fails to generate strong momentum.
**Stop Loss: 90,800**, just above the recent liquidity sweep high.
The quick reaction from $90,365 suggests there may be liquidity issues rather than higher demand for price increases. Subsequent sell-offs have extended deep into their range, indicating a long-term follow-through deficiency.
This selloff theory remains valid until BTC can reclaim and hold above $90,000 on a daily closing basis.
A successful trade above $90,800 will shift the direction towards a gradual upward trend.
