đ #Bitcoin Reclaims $90K Strength Builds, But Market Stays Cautious
Bitcoin is back above the $90,000 level, trading around $90,013, with steady gains over the past week. This move isnât just random noise itâs backed by strong institutional demand, improving regulations, and a noticeable jump in trading activity.
The biggest boost came from institutions. Spot Bitcoin ETFs recorded a massive $471M net inflow, showing that big money is still comfortable accumulating at these levels. On top of that, regulatory clarity is improving Europeâs MiCA framework is now live, and the U.S. is slowly moving toward clearer crypto rules. Even corporates are showing confidence, with Tether adding nearly 8,900 BTC to its reserves.
From a technical angle, signals are mixed but leaning constructive. Volume is up over 120%, confirming real participation, while MACD remains bullish. However, RSI is neutral and price is still battling short-term resistance, meaning the market hasnât fully committed yet. Price action is tightening into a symmetrical triangle, often a sign that a bigger move is loading.
Despite BTC holding strong, sentiment remains cautious. The Fear & Greed Index is still at 38 (Fear), suggesting many traders are waiting for confirmation rather than chasing.
đ Key levels to watch:
Resistance: ~$91,500
Support: ~$82,000
Bitcoin looks stable, institutions are active, and pressure is building but patience and risk management remain key as the next breakout decision approaches. âď¸đ$BTC
