Bitcoin is currently trading around the $95,000 mark, with bulls struggling to reclaim higher prices after last week’s surge. BTC has been consolidating just below the critical $96K resistance level, and the next few trading sessions are likely to determine whether a decisive breakout or a breakdown will follow. Market sentiment remains cautiously optimistic, but risks are mounting. If Bitcoin fails to push higher soon and loses the $90,000 support zone, analysts warn that a sharp drop toward lower levels could quickly unfold. Holding above $90K is crucial for sustaining bullish momentum and preventing a deeper correction in the short term. On-chain data adds an interesting layer to the current market dynamics. According to IntoTheBlock, the number of active Bitcoin addresses spiked sharply yesterday, reaching over 800,000. While still below historical highs, this surge signals a notable increase in activity, which is often an early indicator of renewed market demand and growing part...
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