Why $90K Is a Critical Goal for Bitcoin Traders Right Now
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Bitcoin hit $90,000, but holding it is proving to be a challenge.
Bitcoin price is trying to punch through the $90,000 level but encountering some pushback. Let’s briefly explore why.
On the BTC/USDT 1-hour chart, one can observe a block of sell orders at $90,000. As BTC price runs into these asks, the selling adds a bit of gravity to the price momentum, and the price pulls back slightly. Another block of asks can also be observed at $91,150.
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