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Bitcoin Pulls Back After Rally — What Could Fuel the Next Move?
After a strong rally that sent Bitcoin to its highest level in months, the world’s largest cryptocurrency is cooling off. BTC briefly touched $94,000 on Wednesday, driven by optimism around easing U.S.-China trade tensions. But by Thursday morning, Bitcoin had slipped 1.9% to $92,370, according to CoinDesk data.
Altcoins Slide Alongside $BTC
The pullback wasn’t limited to Bitcoin. The rest of the crypto market also saw red:
Ethereum ($ETH ) dropped 1.8%XRP fell 4.5%Solana ($SOL ) slid 2.5%Dogecoin (DOGE) took the hardest hit, falling 5%
Is $91K the New Roadblock?
According to Ryan Lee, Chief Analyst at Bitget Research, Bitcoin is hitting resistance around the $91,275 mark. “This level is likely where many traders are looking to break even,” Lee said. “Without strong ETF inflows or a breakout above $95,000, Bitcoin could enter a consolidation phase or even dip back into the $85,000–$90,000 range.”
What Could Drive the Next Surge?
To break higher, Bitcoin will likely need a fresh wave of momentum — and that could come from several key areas:
Increased institutional investment, particularly through spot ETFsImproving macroeconomic indicatorsStronger market liquidity
Bottom Line
Bitcoin’s recent rally shows there's still bullish energy in the market — but it’s not a one-way street. As always, traders should keep a close eye on broader economic signals and price trends. A sustained move above $95,000 could be the green light for the next leg up.
Until then, expect volatility — and opportunity.
#BTCvsMarkets #MarketRebound
Altcoins Slide Alongside $BTC
The pullback wasn’t limited to Bitcoin. The rest of the crypto market also saw red:
Ethereum ($ETH ) dropped 1.8%XRP fell 4.5%Solana ($SOL ) slid 2.5%Dogecoin (DOGE) took the hardest hit, falling 5%
Is $91K the New Roadblock?
According to Ryan Lee, Chief Analyst at Bitget Research, Bitcoin is hitting resistance around the $91,275 mark. “This level is likely where many traders are looking to break even,” Lee said. “Without strong ETF inflows or a breakout above $95,000, Bitcoin could enter a consolidation phase or even dip back into the $85,000–$90,000 range.”
What Could Drive the Next Surge?
To break higher, Bitcoin will likely need a fresh wave of momentum — and that could come from several key areas:
Increased institutional investment, particularly through spot ETFsImproving macroeconomic indicatorsStronger market liquidity
Bottom Line
Bitcoin’s recent rally shows there's still bullish energy in the market — but it’s not a one-way street. As always, traders should keep a close eye on broader economic signals and price trends. A sustained move above $95,000 could be the green light for the next leg up.
Until then, expect volatility — and opportunity.
#BTCvsMarkets #MarketRebound
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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