Bitcoin Stalls Above $87K as $90K Resistance Looms

Bitcoin is trading just below $85,000 after regaining momentum above $87,000. However, it still faces significant resistance at $90,000, which is crucial for further gains.

The upcoming launch of Remittix's RTX token on November 24, 2026, adds another layer of interest in the crypto market. Institutional demand remains strong, with Strategy's Michael Saylor hinting at additional Bitcoin purchases.

Regulatory uncertainty continues to loom over the crypto market, impacting investor sentiment and potential future legislation. A sustained break above $90,000 could reopen the path toward $100,000, while another rejection would leave Bitcoin vulnerable to renewed selling.