Bitcoin Loses $91,000 Support in Volatile Session
Market data reveals Bitcoin (BTC) has dipped below the $91,000 mark, currently trading at $90,988 after a brief rally failed to hold. Investor sentiment has turned cautious amid increasing price swings.
Minimal Gains, Rising Volatility
Despite a nominal 0.17% gain over the past day, volatility has spiked significantly, with sharp intraday fluctuations indicating intense battle between bulls and bears.
- Key support looms near the $90,000 psychological level
- Trading volume expansion suggests active positioning
- Markets remain sensitive to macro cues and on-chain trends
With no clear directional breakout, traders are advised to prioritize risk management. Technically, RSI approaches neutral territory while MACD shows convergence, potentially signaling an upcoming shift.