$BTC Analysis : Retail Demand Boosts Bitcoin Toward $90,000
Bitcoin (BTC) gained momentum as retail demand returned, pushing price toward the key resistance near $90,000. BTC is currently trading around $88,000, supported by easing US inflation and positive market sentiment.
In derivatives, futures open interest rose, and funding rates turned positive, signaling buyers in control. Technically, BTC is trading above the 50‑ and 200‑day EMAs on the 4‑hour chart. A successful breakout above $90,000 could target $93,000, while support lies near $85,000 in case of a pullback.
