Crypto
Bitcoin Bulls Face Test at $90,300 Upper Profit-Taking Band
CryptoQuant has confirmed that Bitcoin's bull market is in play at $86,000 spot. However, this milestone comes with an important caveat - a potential upper limit on further price gains.
The firm notes that the next real test for Bitcoin lies at $90,300, which represents the upper profit-taking band for the 1-3 month holder cohort.
This level also coincides with the $88K-$90K on-chain supply cluster, a key resistance point to clear in order for Bitcoin to continue its upward momentum.