Bitcoin is stuck below $90K until these market conditions improve.
Bitcoin is hovering around $87,000 due to decreased on-chain activity and exchange inflows, indicating limited liquidity and potential volatility ahead. Market conditions need to improve for Bitcoin to break above $90,000. The current stagnation suggests a cautious market sentiment and a lack of buying pressure. Investors are closely monitoring these indicators for potential price movements. This situation highlights the importance of monitoring on-chain data and market liquidity for predicting Bitcoin's future price action.
BTC
87,613.14
-0.04%