Bitcoin is once again struggling to break through the $90,000 mark, and the repeated failures are starting to weigh on market sentiment. After several attempts to push higher, the world’s largest cryptocurrency continues to face strong selling pressure near this level, keeping prices trapped in a wide trading range and raising the risk of a deeper pullback.
For weeks, the $90,000 zone has acted as a firm ceiling for Bitcoin. Each time the price approaches this area, sellers step in aggressively, forcing sharp rejections. So far, Bitcoin has been unable to secure a daily close above the $90,000–$90,180 region, reinforcing the idea that this level remains a major area of supply on the chart.
These repeated rejections are an important signal from a price-action standpoint. When an asset fails multiple times at the same resistance level, it often suggests that buying momentum is weakening. Instead of building acceptance above resistance, Bitcoin has consistently rotated lower after each attempt, keeping the broader structure range-bound and slightly tilted to the downside.
With upside blocked, traders are now closely watching support. Bitcoin is currently testing the Point of Control (POC), which marks the price level with the highest trading volume within the current range. The POC often plays a key role during consolidation phases, acting as a balance point between buyers and sellers.
Holding above the POC would suggest that the market is still stable, even if it lacks upside momentum. However, a sustained move below this level could change the picture quickly. If Bitcoin loses this high-volume support, there is relatively little structural support beneath it until the range low near $80,000. That makes the POC a critical line in the sand for bulls in the short term.
Market structure also points to growing downside risk. Bitcoin continues to form lower highs beneath the $90,000 resistance, showing that sellers remain in control on rallies. At the same time, buyers have struggled to reclaim key levels, an imbalance that often appears before a range breaks to the downside rather than the upside.
Liquidity dynamics add another layer to the setup. As Bitcoin has spent a long time consolidating above the range low, resting liquidity has built up near $80,000. Markets are often drawn to these liquidity pools, especially when overhead resistance remains unbroken. A move toward $80,000 would allow price to sweep this liquidity and reset positioning across the market.
A drop toward the lower end of the range would not automatically signal a major trend reversal. Instead, it would represent a continuation of the current range, albeit with potentially sharp and volatile price action if support levels fail.
For now, the outlook remains cautious. As long as Bitcoin stays below the $90,000–$90,180 resistance zone, downside risk remains elevated. Bulls would need to see a strong, high-volume breakout and close above resistance to invalidate the bearish setup—something that has yet to materialize. Until then, the $80,000 level remains firmly on traders’ radar.
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