Technical Indicators Point to Oversold Conditions for Bitcoin

According to analysts, Bitcoin has shown relative stability in recent weeks despite the broader risk-off environment. One of the most closely watched technical indicators, the Relative Strength Index (RSI), recently reached a critical level.

Bitcoin’s weekly RSI fell to 26.84, marking its lowest reading since July 2022. The RSI measures momentum by evaluating the speed and magnitude of price movements. Readings below 30 typically indicate that an asset is in oversold territory, a condition that historically has coincided with periods near market bottoms.

Similar conditions appeared during the wave of crypto lender failures that ultimately preceded the collapse of major exchange platforms in 2022. During those events, extreme market stress pushed technical indicators into deeply oversold territory before a longer-term recovery eventually began.

Trading activity also reflects heightened market stress. Recent sessions recorded two consecutive days in which trading volume exceeded 95% of historically recorded levels. In previous bear markets, such extreme volume spikes were rare and often occurred during capitulation phases, when sellers exhaust themselves and markets begin stabilizing.

Derivatives Market Signals Elevated Stress

Beyond spot market indicators, derivatives and options markets are also sending signals that the market may be nearing an inflection point.

Analysts highlight the behavior of options skew, a metric that compares the pricing of bearish put options against bullish call options. Recently, the cost difference between these contracts surged to levels previously observed during the most severe market disruptions of 2022, including the collapses of Terra and FTX.

This imbalance suggests that traders are willing to pay substantial premiums for downside protection. Historically, when the market becomes overwhelmingly positioned in one direction, price movements often shift in the opposite direction as positioning unwinds.

In perpetual futures markets, participants have also been paying elevated premiums to maintain bearish positions. Such behavior reflects defensive sentiment among traders but may also indicate a market environment where extreme pessimism is already priced in.

Defensive Market Positioning

Vetle Lunde, Head of Research at K33, noted that the recent sell-off has been relatively orderly compared with the chaotic liquidations seen during earlier crypto crises. Despite the decline, the market structure appears more controlled, suggesting that systemic stress is lower than during previous downturns.

However, Lunde also described the market’s defensive posture as unusual. In past cycles, similar sentiment extremes have often appeared near broader market bottoms. Bitcoin has repeatedly demonstrated a tendency to move unexpectedly when market consensus becomes too one-sided.

Bitcoin Price Context and Market Outlook

At the time of writing, Bitcoin was trading near $73,036, representing a daily gain of more than 7%. Despite the short-term rebound, the asset remains approximately 42% below its all-time high of $126,000, reached in October.

While analysts emphasize that no single indicator can reliably identify a market bottom, the combination of oversold technical signals, extreme derivatives positioning, and unusually high trading volumes suggests that Bitcoin may be entering a bottoming phase.

Historically, however, Bitcoin bottoms tend to develop slowly rather than through immediate reversals. For this reason, analysts suggest that patience is often required during such periods as markets gradually stabilize and sentiment begins to shift.

This content is for informational purposes only and does not constitute investment advice.

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Gold Surges While Bitcoin Lags

Gold has posted a strong upward move in recent weeks. April gold futures closed the week at $5,247.90, while tokenized gold product PAX Gold (PAXG) was trading around $5,404.14 at the time of observation. Mow characterizes gold’s current positioning as “overextended,” implying that the metal may have moved too far above its long-term trend.

In contrast, Bitcoin appears to be trading at a relative discount. Based on comparisons with gold’s market capitalization and global money supply metrics, Bitcoin is estimated to be between 24% and 66% below its historical trend alignment. From a macro perspective, such a deviation has previously preceded upward price adjustments in BTC.

Understanding the Bitcoin-to-Gold Z-Score

One of the key indicators highlighted in the analysis is the Z-score of the Bitcoin-to-gold ratio. This statistical metric measures how far a data point deviates from its historical average. A Z-score of zero indicates alignment with the mean, while negative readings suggest the asset is trading below its long-term norm.

Currently, the Bitcoin-to-gold Z-score stands at approximately -1.24. Historically, when this ratio has fallen below -2, Bitcoin has experienced significant rallies. For instance, in November 2022—during the collapse of FTX—the metric dropped below -3, followed by a price increase of more than 150% over the subsequent 12 months. A similar pattern emerged in March 2020 during the pandemic-driven market crash, when Bitcoin fell to around $3,717 and later surged more than 300% within a year, ultimately reaching roughly $69,000 in November 2021.

The Bearish Counterargument: $50,000 in Play?

Not all market participants share the bullish outlook. Some analysts warn that ongoing geopolitical tensions and investor uncertainty could weigh further on crypto markets. In this view, Bitcoin’s recent price structure resembles elements of the 2022 bear cycle.

BTC has declined more than 50% from its peak to a low near $60,000 before staging a modest recovery toward the $66,400 level. Whether Bitcoin closes the valuation gap with gold through a rally—or faces renewed downside toward $50,000—remains a central question for the market.

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Despite the strength of the bounce, on-chain metrics suggest this move may reflect stabilization rather than a confirmed structural recovery.

What Fueled the Rebound?

Three primary forces appear to have driven the recent rally.

First, broader risk appetite improved across global markets. Equity indices, led by technology stocks, advanced strongly, and Bitcoin traded in correlation with other high-beta assets as investor sentiment shifted toward risk-on positioning.

Second, U.S. spot Bitcoin ETFs recorded $257.7 million in net inflows on February 24. This marked a notable reversal from the previous day’s $203.8 million in outflows. While this single-day inflow provided marginal buying support, year-to-date ETF flows remain negative, indicating that sustained institutional demand has yet to fully return.

Third, derivatives markets underwent a leverage reset. Funding rates in perpetual futures normalized toward neutral levels, signaling that speculative excess had been flushed out. At the same time, short-dated options volatility spiked as Bitcoin approached $62,000, then compressed as price reclaimed the mid-$60,000 range. This pattern suggests panic hedging unwound, contributing to a mechanically driven relief rally rather than fresh long-term accumulation.

Structural Weakness Remains

Market data indicates Bitcoin is currently stabilizing within a defined range rather than entering a renewed bull phase. Throughout February, price action has been largely contained between $60,000 and $69,000.

The broader context remains cautious: Bitcoin is still down 47% from its all-time high, a drawdown consistent with mid-to-late bear market conditions historically. Approximately 9.2 million BTC are being held at a loss, creating potential overhead supply as holders may look to exit positions during rallies.

Accumulation metrics remain subdued, and spot market flows continue to show a sell-side bias. Additionally, the 90-day realized profit/loss ratio remains below 1.0, reflecting ongoing liquidity fragility.

The Levels That Matter

The $69,000 area represents the upper boundary of the current trading range. Holding this zone on daily and weekly timeframes would strengthen the bullish case. The $65,000 level acts as mid-range support.

More critically, the $62,000–$62,500 region stands as a key defensive threshold. A decisive break below this zone could have opened the door to a move toward the upper-$50,000s. Beneath that, $60,000 marks February’s range floor, while approximately $55,000 corresponds to the realized price — a major structural support level.

On the upside, sustained movement above $70,000 and then $72,000 would represent the first meaningful signals of regime improvement. A recovery toward $79,200 — the true market mean — would indicate a more definitive structural shift.

For now, Bitcoin’s rebound appears to be a technical and positioning-driven recovery rather than confirmation of a renewed bull market.

This content is for informational purposes only and does not constitute investment advice.

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The recent pullback appears to be driven by two primary factors: renewed tariff announcements from United States President Donald Trump and a broader sell-off in artificial intelligence-related equities. The deterioration in risk appetite has not been confined to digital assets; traditional equity markets have also come under pressure.

Tariffs and Geopolitical Tension Weigh on Risk Assets

Following the Supreme Court’s rejection of his earlier tariff strategy, President Trump announced a temporary 15% tariff on imports, revising the previously stated 10% rate. The policy shift has intensified uncertainty around global trade conditions, injecting fresh volatility into financial markets.

At the same time, escalating geopolitical tensions are adding another layer of caution for investors. In this environment, Bitcoin is behaving similarly to other high-beta assets. Market observers highlight the $60,000 level as a critical technical support. A decisive break below that threshold could open the door to a deeper retracement toward the $50,000–$55,000 range.

What Historical Patterns Suggest

Looking at previous market cycles, one technical signal stands out: the so-called “bear cross,” which occurs when the 50-week moving average falls below the 100-week moving average. In both the 2018 and 2022 bear markets, this crossover coincided with the final stages of the downturn.

Currently, however, the 50-week average remains above the 100-week average. From a historical perspective, that suggests the corrective phase may not yet be complete. It is important to remember that moving averages are lagging indicators; they confirm trends that have already unfolded rather than predict future turning points.

Short-Term Risks Remain

While no historical pattern guarantees future outcomes, the combination of macroeconomic uncertainty and the current technical structure indicates that additional downside cannot be ruled out. Whether Bitcoin can defend the $60,000 level will likely determine the market’s next directional move.

This content is not investment advice. Cryptocurrency markets are highly volatile, and individuals should conduct their own research before making financial decisions.

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What the Technical Picture Signals for Pi Coin

Pi Coin moved higher in tandem with Bitcoin’s short-lived rebound, posting a reaction rally from its recent lows. This move carried the price toward the 0.1527 dollar zone, an area that stands out as a major resistance based on prior price structure and historical reactions. For now, Pi Coin has been rejected from this level, mirroring Bitcoin’s own hesitation at resistance.

The next phase will be defined by whether Pi can avoid setting a fresh lower low. If the current pullback results in a higher low and price attempts another push toward 0.1527 dollars, the probability of a breakout increases. A confirmed close above this level would mark a meaningful shift in short-term momentum and potentially alter the broader technical narrative.

Upside Scenarios and Key Targets

Should Pi Coin reclaim 0.1527 dollars decisively, the next upside objective comes into view at 0.1770 dollars. This zone is notable due to the concentration of short positions accumulated below it. A move into this range could trigger short liquidations, accelerating upside momentum as forced buying enters the market.

From a higher-timeframe perspective, weekly price behavior is particularly important. A weekly close above 0.1527 dollars, which aligns with the October 10 wick on the chart, would suggest that Pi Coin has preserved its broader structure. Such a development could open the door to a more sustained recovery phase rather than a purely technical bounce.

Broader Market Conditions Remain a Headwind

Any assessment of Pi Coin must be framed within the wider market context. The total crypto market capitalization has declined by approximately 5.04%, reflecting a broad risk-off environment. As selling pressure intensified across altcoins, Pi Coin followed suit, underscoring the systemic nature of the move.

At the same time, rising Bitcoin dominance has redirected liquidity away from secondary assets, compressing relative demand for Pi. Currently trading around 0.1444 dollars, Pi Coin has also seen a sharp increase in trading activity. Volume surged by 126.75% to roughly 35.3 million dollars, a pattern more consistent with active distribution than passive consolidation.

Fragile Structure, But Worth Monitoring

In the near term, Pi Coin’s trajectory remains closely tied to Bitcoin’s search for structural support. As long as bearish pressure persists at the macro level, momentum is likely to stay fragile. However, if broader conditions stabilize, Pi Coin may transition into a consolidation range above its recent lows.

Ultimately, the 0.1527 dollar level stands out as the defining threshold. How price behaves around this zone will likely determine whether Pi Coin can build a foundation for higher levels or remains trapped in a corrective phase.

This content is for informational purposes only and does not constitute investment advice.

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• Network upgrades and EVM integration

• Trading volume and investor demand

• Market sentiment and technical indicators

Network Upgrades and the EVM Hard Fork

The Cancun hard fork, which brought EVM compatibility to Zilliqa, has been a critical catalyst. This upgrade improves transaction efficiency and smart contract compatibility, making the network more appealing to developers. Investor demand responded positively, creating buying pressure. Such infrastructure improvements not only encourage short-term speculative buying but also contribute to long-term value creation.

Notable Growth in Trading Volume

ZIL’s price surge is strongly supported by a 24-hour spike in trading volume, both in spot and derivatives markets (open interest). Investors are interpreting this as a sign of new long positions rather than just short covering. While many altcoins remain range-bound, ZIL’s sharp movement highlights the strength of its technical foundations.

Total open interest has risen to approximately $55.1 million, reflecting a ~922% intraday increase, indicating extraordinary long-position activity and strong price momentum. Additionally, the Zilliqa price chart shows a breakout from a falling wedge pattern, with prices climbing over $0.007, signaling a strong buying opportunity based on both volume and trend.

What Do Technical Indicators Show?

Market sentiment and technical signals are also playing a major role in ZIL’s momentum. RSI recovery and the breach of key moving averages show buyers gaining control. Positive trends on social media and on-chain metrics are reinforcing investor interest and buying pressure.

On the daily chart, $0.00610 acts as a key support. Maintaining a daily close above this level would indicate a structural shift and increase the likelihood of further upward movement. Meanwhile, in case of a pullback, the first support level to watch is $0.0044, where price may find its initial reaction.

Broader Market Context and Long-Term Perspective

Although the overall crypto market can sometimes pressure altcoins, ZIL’s rise is largely driven by project-specific catalysts. Even if Bitcoin and Ethereum trade sideways or under slight pressure, Zilliqa’s network developments and investor interest have independently supported its price action. These factors strengthen the project’s medium- and long-term potential.

ZIL’s recent rally is driven by a combination of EVM integration, trading volume spikes, and market sentiment. The surge reflects both short-term momentum and long-term technical and fundamental developments. Investors should monitor both fundamentals and technical activity when evaluating price movements.

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Surf AI is positioned exactly at this point as an AI research copilot specifically trained for crypto markets. Unlike general LLMs, Surf focuses solely on the crypto and blockchain ecosystem, generating real-time, actionable insights across a broad spectrum—from on-chain data to social sentiment, technical analysis to in-depth research reports.

In this article, we examine in detail what is Surf AI, what it offers, the use cases where it stands out, and the technical capabilities that set it apart from similar tools.

What is Surf AI?

Surf AI can be defined as an AI research copilot developed specifically for crypto markets. Its core purpose is to aggregate data scattered across different platforms into a single hub and deliver meaningful, readable, and actionable outputs for crypto investors and researchers.

In simple terms, Surf:

• Analyzes on-chain data
• Tracks social media and KOL (Key Opinion Leader) sentiment
• Interprets technical analysis indicators
• Scans crypto-focused content on the web
• Combines all this data to provide users with clear insights

It does this without forcing users to navigate dozens of different tabs, charting tools, and data platforms. Surf positions itself as a 24/7 crypto research team focused exclusively on crypto markets.

What Does Surf AI Do?

Surf AI’s use cases are not limited to price tracking. The platform offers a wide research scope for both individual investors and professional crypto teams.

Market Analysis and Trading Insights

Surf evaluates short-term price movements for BTC, ETH, and trending altcoins using:

• Real-time on-chain data
• Social sentiment analysis
• Derivatives markets (open interest, funding rates, etc.)

This allows it to answer not only “what happened?” but also “why did it happen and what might happen next?” The goal is to provide users with clear signals for capturing alpha.

DeFi Protocol Research

In the DeFi ecosystem, interpreting data correctly is as critical as accessing it. Surf AI analyzes:

• TVL (Total Value Locked) movements
• Annualized yield rates
• Liquidity flows
• Airdrop potentials

on a protocol-by-protocol basis. It delivers detailed summaries for areas like Uniswap, Aave, restaking protocols, and LRT structures, freeing users from raw data.

On-Chain Intelligence and Risk Detection

One of Surf AI’s strongest features is its on-chain intelligence capability. The platform can track:

• “Smart money” wallets
• Whale inflows and outflows
• New contract deployments
• Project treasury movements

It also analyzes potential rug-pull risks, abnormal token movements, and supply circulation signals, serving as an early warning system.

Cross-Chain Ecosystem Tracking

The crypto ecosystem is no longer centered around a single chain. Surf AI simultaneously monitors over 40 blockchains, including:

• Ethereum and its L2s
• Solana
• Base
• TON
• BNB Chain

Its AI agents also evaluate narratives like meme coins, gaming, and DePIN from a cross-chain perspective.

Whitepaper and Tokenomics Summaries

Surf summarizes long and technical documents in an accessible way, converting:

• Whitepapers
• Airdrop rules
• Token distribution models
• Vesting schedules

into short, clear, timeline-focused reports. This feature provides significant time savings for investors who need to make quick decisions.

Macroeconomic and Regulatory Impacts

Crypto markets are no longer independent of macro developments. Surf AI analyzes correlations between crypto price movements and:

• Fed policies
• ETF inflows/outflows
• Stablecoin supply changes
• Global liquidity trends

to offer a broader perspective.

Technical Features That Make Surf AI Unique

Social Sentiment Analysis

Surf monitors over 100,000 crypto KOLs and key social accounts in real time. This enables early detection of:

• Shifts in market narratives
• Breaks in community sentiment
• Hype and FUD cycles

Advanced Technical Analysis Infrastructure

The platform interprets over 200 technical indicators and derivatives market data in an integrated manner. It goes beyond classic “RSI high/low” approaches, taking into account crypto-specific 24/7 market dynamics.

On-Chain Tracker

Detailed analysis across over 40 blockchains, covering:

• Wallet behaviors
• Token flows
• Supply changes

Whale movements and project-internal transfers are presented with context.

Deep Search Agent

Every query in Surf scans:

• Over 200 crypto-focused websites
• The platform’s own database

This produces deep, contextual research outputs rather than surface-level ones.

Difference Between Ask Mode and Research Mode

Surf AI offers two main usage modes:

Ask Mode

• Fast and direct answers
• Single question – single response logic
• Ideal for current prices, short news, and simple checks

Research Mode

• Multi-sourced, structured analysis
• Combination of social, on-chain, and technical data
• Charts, summaries, and conclusion sections
• Suitable for strategy development and in-depth analysis

This distinction makes Surf a flexible tool for both daily use and professional research.

Where Can Surf AI Be Used?

Surf AI is accessible via:

• Web application
• iOS mobile app
• Android mobile app

The web app is optimized for desktop use, while the mobile apps provide a tailored experience.

Subscription Model and NFT Structure

Surf AI offers free and paid plans.

• Free users can use Ask and Research modes with limited quotas
• Paid members have higher usage limits and priority support
• Annual subscriptions include exclusive Surf NFTs

These NFTs are positioned not as tokens but as membership badges and long-term supporter identifiers.

Will Surf AI Launch a Token?

As of now, Surf AI has no plans for a token launch. The project prioritizes product development and user experience. Any potential changes will only be announced through official channels.

Surf AI Investors

Surf AI stands out not only for its technical capabilities but also for its strong investor backing. The platform is supported by some of the most respected funds in the crypto and tech ecosystems with long-standing involvement.

Leading investors in Surf AI include:

• Pantera Capital
• Coinbase Ventures
• Digital Currency Group (DCG)

These funds have previously participated in the early stages of many major crypto and blockchain projects, making investments that shaped the ecosystem.

The company successfully completed a $15 million funding round to scale the first AI model developed specifically for crypto markets. The round was led by Pantera Capital, with participation from Coinbase Ventures and Digital Currency Group.

Additionally, Surf AI is recognized as a trusted research infrastructure by leading Web3 institutions such as Pantera, DCG, HASHED, IOSG Ventures, and YZi Labs.

Surf AI Team

The founding team of Surf AI consists of individuals with many years of experience in AI and crypto. The co-founders are:

• Wilson Wei
• Ryan Li
• Shiyu Zhang
• Zhimao Liu

In particular, Ryan Li has nearly a decade of experience in artificial intelligence and has previously been involved in multiple ventures in the crypto sector. The team describes their core motivation in building Surf AI as minimizing common AI “hallucinations” in crypto markets and developing a system that produces analyst-level reliable outputs.

Official Links

• Website
• X (Twitter)

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According to market analysts, this area represents one of the final strongholds for bullish momentum. A confirmed breakdown below this zone would significantly weaken the broader trend and could open the door for a decline toward the April lows near $76,000. Such a move would also signal a structural shift in Bitcoin’s higher time-frame trend, increasing downside risk.

Weekend Volatility and Leverage Washouts

Late Sunday, Bitcoin experienced another aggressive leverage flush during a period of low market liquidity. As both long and short positions were liquidated, price briefly slipped under the $88,000 mark. However, strong dip-buying activity quickly pushed Bitcoin back above $91,500, highlighting how sensitive the market remains to liquidity conditions.

Market observers note that this type of price behavior is typical during low-volume periods. Sudden swings often occur as overleveraged traders are forced out of their positions. While these liquidations help reset excessive risk, they also add to short-term uncertainty and erratic price movements.

All Eyes on the Federal Reserve This Week

Bitcoin’s short-term direction now hinges heavily on the upcoming Federal Reserve meeting. A 0.25% interest rate cut is widely anticipated following the two-day policy gathering. However, traders and institutional investors are expected to focus far more on the forward guidance than on the rate decision itself.

Previous rate cuts were followed by cautious messaging from Fed Chair Jerome Powell, which contributed to fading momentum across crypto markets. A similar tone could once again suppress upside potential into the end of the year. Weak trading volumes and continued outflows from Bitcoin ETFs are already limiting upward participation.

Looking Ahead: 2026 Still Holds Long-Term Promise

While near-term conditions remain fragile, many analysts maintain a cautiously constructive outlook for the medium term. Much of the current rate cut expectations are already reflected in market pricing. However, potential changes in Federal Reserve leadership next year could pave the way for a more accommodative policy environment.

In addition, if upcoming employment and inflation data align with easing expectations, fresh liquidity could return to risk markets. Under such conditions, Bitcoin and the broader crypto market could regain momentum and establish a more sustainable recovery phase.

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Bitcoin Break Below $92,000 Signals Ongoing Uncertainty

Bitcoin slipping back under the $92,000 mark has reinforced the sense of uncertainty dominating the current market structure. The analysis notes that price action remains volatile and lacking clear momentum, while short-term selling pressure has not yet fully subsided.

This environment has tempered investor confidence and indicates that the market has not produced a convincing recovery signal at this stage.

A Critical Zone for Bitcoin: $87,400–$88,700 Range

One of the most important insights from MakroVision’s technical outlook is the significance of the $87,400 to $88,700 range. This narrow band contains notable Fibonacci levels from the latest downward leg and is viewed as a key congestion zone that could shape short-term direction.

Analysts highlight that Bitcoin establishing stability within this area is essential for any sustainable rebound structure. If the price fails to hold this zone and breaks lower, the outlook could turn more bearish, potentially opening the path toward the $82,000–$80,000 region.

Condition for Relief: Holding Above $91,700

On the upside, the first meaningful relief scenario appears only if Bitcoin can secure a consistent move above $91,700. The report emphasizes that without maintaining strength above this level, it will be difficult for buyers to regain control.

However, for a more durable medium-term recovery, this threshold alone is not enough. The analysis points to the need for a breakout above the descending red trendline, which would confirm a solid base formation and signal renewed market strength.

Key Levels Remain in Focus

Overall, Bitcoin is wrestling with decisive support and resistance areas as the market attempts to define its next direction. Short-term pressure still lingers, and both the lower support zone and upper resistance thresholds will continue to shape sentiment in the days ahead.

This article does not constitute investment advice. Cryptocurrency markets carry significant risk, and individuals should conduct their own research before making financial decisions.

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Capitulation as a Setup for Opportunity

Nick Ruck, Research Director at LVRG, believes the market’s recent washout offers a strategic opportunity. According to Ruck, the sustained downside pressure has effectively removed excessive leverage and flushed out weaker, unsustainable projects. This cleansing effect, he notes, can create a more favorable environment for investors looking to build long-term exposure.

Throughout November, Bitcoin has fallen approximately 16.9%, trading around the 91,500-dollar level. Data from CoinGlass shows that this decline is approaching the 17.3% drop seen in November 2019. Bitcoin’s worst November on record occurred in 2018, when the cryptocurrency shed roughly 36.5% of its value.

Have Bitcoin’s Historical Patterns Shifted?

Crypto educator Sumit Kapoor highlights that November typically delivers strong returns for Bitcoin. However, subdued price action and lower trading activity during the Thanksgiving period contributed to the weakest November since 2018. Kapoor adds that historically, red Novembers are often followed by similarly negative performances in December.

On the other hand, Justin d’Anethan, Head of Research at Arctic Digital, points to a structural shift in market dynamics. He notes that the approval of spot Bitcoin ETFs in the United States earlier in 2024 pulled forward the traditional four-year cycle. With institutional players now a dominant part of the market, d’Anethan argues that the familiar rhythm of past cycles may no longer apply, suggesting that “this time could indeed be different.”

Key Levels Ahead of the Monthly Close

Technical analysts are watching a few crucial price levels as the month draws to a close. Many emphasize that a close above 93,000 dollars would be a constructive signal. Analyst CrediBull Crypto identifies 93,401 dollars and 102,437 dollars as the primary resistance zones for this timeframe. Holding above 93,000 dollars would be considered positive, while a move beyond 102,000 dollars would signal a significantly stronger market structure. However, analysts also caution that reaching the upper threshold may not happen until the following month.

At the time of writing, Bitcoin is trading around 91,600 dollars, struggling to break above resistance near 92,000 dollars.

*This content does not constitute investment advice.

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