Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward momentum. After days marked by euphoria and rapid gains, the price is now entering a consolidation phase, providing a much-needed pause for the market. Key data from CryptoQuant indicates moderate selling pressure is emerging, which may signal a brief pullback or stabilization below the $90,000 mark. Related Reading: Dogecoin Could Target $2.4 If Price Aligns With Macro Pattern – Details This week will be pivotal in determining Bitcoin’s next steps as traders and investors watch if BTC will hold near the $90,000 supply level or retreat to test support around $80,000. With strong market fundamentals and continued interest from bullish investors, the potential for another rally remains high. However, a short consolidation period could offer healthier groundwork for BTC’s long-term ascent. All eyes will be on whether Bitcoin can sustain its current levels or if this cooling-off phase will allow buyers to re-enter lower demand zones, setting the stage for the next major price move. Bitcoin Selling Pressure Still Far From Peak Levels Bitcoin has reac ..
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