
Jakarta, Pintu News – Recent analysis suggests Bitcoin is working its way back to the psychological level of USD 90,000 after a period of consolidation and short-term selling pressure. This movement reflects an important technical dynamic in the volatile cryptocurrency market, where key levels can determine the direction of the medium-term trend. The following article summarizes the key points that are relevant for both young and novice investors to understand the current Bitcoin price context.

Bitcoin is showing a slow upward momentum after a period of consolidation in the USD 88,000-USD 89,600 range, reflecting buyers’ attempts to take control of the short-term trend. The current price is still above the moving averages of several nearby time frames. The rise above USD 90,000 is an important signal that the short-term selling pressure is easing.
This level is also associated with the nearest resistance on the technical charts, which if successfully broken could open up opportunities for movement towards the upper zone of the next resistance range around USD 91,200-USD 92,500. This shows that this area is not just a round number, but a strategic trend decision point.
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The first resistance to watch out for in the market is USD 89,600-USD 90,000, where trading volume and price action will determine the strength of the continued trend. If Bitcoin is able to break and sustain above this level, further upside potential towards USD 91,500-USD 92,500 could emerge.
However, if this level fails to be broken, prices could correct back to important support around USD 88,500-USD 87,600. This support is considered crucial as levels below it could magnify the short-term downward pressure before the uptrend is tested again.
Bitcoin is currently moving within a short-term rising channel formed since the rebound from support around USD 87,000. This channel shows the structure of a restrained but ongoing rise, where any close above USD 90,000 could strengthen the bullish bias.
Conversely, a drop below the support in this channel could signal a longer consolidation or asideways phase, which would hold back any major gains in the medium term. Investors should monitor price reactions at these technical levels as indicators of trend continuation.

Bitcoin’s price movements are also influenced by macro conditions and general market sentiment, including interest in other assets such as gold and silver that have attracted public attention. During some periods, capital flows can move between asset classes, affecting liquidity and pressure on the crypto market.
While Bitcoin remains the dominant crypto asset, short-term volatility is often related to major changes in global market risk as well as short-term trading strategies that utilize technical levels. Beginners need to understand that prices are not only affected by on-chain data but also by broad sentiment and external factors.
For investors new to the market, the phenomenon of BTC approaching USD 90,000 emphasizes the importance of understanding the concept of support and resistance in technical analysis. Psychological levels like these are often the decision points for trends and can signal a change in direction if broken or rejected.
Additionally, long-term investments in the crypto market need to consider the high volatility and inherent risks of digital assets like Bitcoin. Understanding the current price structure can help plan a more informed strategy, including risk management and determining realistic entry or exit points.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.