Bitcoin Faces Resistance at $90K: What’s Needed for a Breakout?

Bitcoin's price struggles at $90K, but reduced ETF outflows may pave the way for a breakout towards $93,000. What factors could drive this movement?

The Bitcoin market is currently facing significant resistance as the cryptocurrency has been pushed back from the $90,000 threshold once more. Analysts are closely monitoring the situation to determine what could catalyze a breakout past this critical level.

Recently, the outflows from Bitcoin Exchange-Traded Funds (ETFs) have lessened considerably. This positive shift is believed to place Bitcoin in a stronger position to tackle the upcoming challenge of reaching $93,000. Investors and market watchers are keen to see how this trend might influence the cryptocurrency's trajectory in the near future.