Since reaching a weekly high of $88,752 on March 24, Bitcoin (BTC) price has formed a series of lower highs and lower lows in the 1-hour time frame chart. As the end of the week approaches, Bitcoin price has failed to break above the $88,000 resistance, reducing the chance for a $90,000 retest before the end of Q1. Bitcoin 1-hour chart. Source: Cointelegraph/TradingView What is keeping Bitcoin under $90K? One major reason for Bitcoin’s current price struggles is constant sell-side pressure fro...
3 reasons why Bitcoin price can't take out the $90K resistance level
Coin Telegraph - 27 Mar 2025 20:19
Since reaching a weekly high of $88,752 on March 24, Bitcoin (BTC) price has formed a series of lower highs and lower lows in the 1-hour time frame chart. As the end of the week approaches, Bitcoin price has failed to break above the $88,000 resistance, reducing the chance for a $90,000 retest before the end of Q1. Bitcoin 1-hour chart. Source: Cointelegraph/TradingView What is keeping Bitcoin under $90K? One major reason for Bitcoin’s current price struggles is constant sell-side pressure fro...
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