Bitcoin Holds $90,000 as Supply Clusters Pose Rebound Challenges
The post Bitcoin Holds $90,000 as Supply Clusters Pose Rebound Challenges appeared on BitcoinEthereumNews.com.
Bitcoin has maintained stability above $90,000 for four days despite a recent sharp drop, but faces significant resistance from supply clusters between $93,000-$96,000 and $103,000-$108,000, potentially hindering a rebound according to on-chain data from Glassnode. Bitcoin’s primary supply clusters act as key resistance levels, with the first at $93,000 to $96,000 where sell orders accumulate. The second cluster between $103,000 and $108,000 could stall upward momentum if Bitcoin approaches these zones. Short-term holders’ cost basis at $109,800 serves as a critical threshold; trading above it historically signals market stability and potential rallies, per Glassnode metrics. Bitcoin supply clusters pose major threats to price stability above $90,000 amid global volatility. Discover key resistance levels and short-term holder dynamics that could shape BTC’s next move—stay informed on crypto market trends today. What Are Bitcoin’s Key Supply Clusters Threatening Price Stability? Bitcoin supply clusters refer to concentrated areas on the price chart where large volumes of sell orders are likely to emerge, creating resistance to upward price movements. According to on-chain analytics from Glassnode, Bitcoin currently faces two prominent supply clusters that could impede its recovery after holding the $90,000 level for four consecutive days. These clusters, identified through liquidation heatmaps, highlight zones of potential volatility and selling pressure. The first cluster spans from $93,000 to $96,000, representing a near-term barrier as Bitcoin attempts to push higher. Failure to breach this could result in a retreat below $90,000, testing lower support levels. The second, more formidable cluster lies between $103,000 and $108,000, where historical sell-offs have concentrated, potentially capping any short-term rallies. How Do Short-Term Holders’ Cost Basis Influence Bitcoin’s Market Recovery? Short-term holders (STH), defined as wallets holding Bitcoin for 155 days or less, play a pivotal role in market dynamics through their aggregate cost basis. Glassnode data indicates this metric currently…
Filed under: News - @ November 30, 2025 3:58 am