What’s Driving Bitcoin Traders to Target the $90K Milestone

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Bitcoin hit $90,000, but holding it is proving to be a challenge. 

Bitcoin price is trying to punch through the $90,000 level but encountering some pushback. Let’s briefly explore why.

On the BTC/USDT 1-hour chart, one can observe a block of sell orders at $90,000. As BTC price runs into these asks, the selling adds a bit of gravity to the price momentum, and the price pulls back slightly. Another block of asks can also be observed at $91,150. 

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