Bitcoin just pierced through the 90k barrier—lasted about an hour before pulling back. What triggered the retreat? Was it just profit-taking at that psychological level, or did something spook the market? The 90k zone clearly holds significance, whether as resistance or a flash point for stop-loss hunting. Anyone watching the spot and futures action see something we missed?
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ApeWithNoChain
· 9h ago
90k is like a curse; once touched, it makes you turn back. LOL
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DaoGovernanceOfficer
· 9h ago
ngl the 90k bounce-back is kinda textbook liquidity grab behavior. data from recent CME volume spikes suggests coordinated liquidation cascades around psychological barriers—already documented this pattern in my thread from march. but sure, let's pretend it's just "organic profit-taking" lol
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WalletAnxietyPatient
· 9h ago
Once it hits 90k, run. It's a typical signal of a rug pull.
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HodlKumamon
· 9h ago
In this 90k level, Bear Bear checked the historical data and we've seen the breakout followed by a pullback pattern 18 times. The psychological level is just so tricky.
The retail panic index is just at 72, so it's a good time to dollar-cost average.
It's not just stop-losses being hunted; the futures-spot spread is also throwing a tantrum. The data speaks for itself.
Fast in and out on the hourly chart—that's the market's gentle reminder. Holding onto real estate without moving is the way to go.
Bitcoin just pierced through the 90k barrier—lasted about an hour before pulling back. What triggered the retreat? Was it just profit-taking at that psychological level, or did something spook the market? The 90k zone clearly holds significance, whether as resistance or a flash point for stop-loss hunting. Anyone watching the spot and futures action see something we missed?