Bitcoin Faces Supply Clusters Above $90K Amid Rising Global Volatility
The post Bitcoin Faces Supply Clusters Above $90K Amid Rising Global Volatility appeared on BitcoinEthereumNews.com.
Bitcoin has maintained stability above $90,000 for four days following a sharp drop, signaling potential rebound amid supply cluster threats. Key resistance levels at $93,000-$96,000 and $103,000-$108,000 pose significant hurdles, while short-term holder cost basis at $109,800 must be surpassed for bullish momentum. Bitcoin’s primary resistance stems from supply clusters between $93,000 and $96,000. Secondary cluster at $103,000-$108,000 could stall upward price action. Short-term holders’ cost basis stands at $109,800, per Glassnode data, crucial for market reset. Discover how Bitcoin supply clusters threaten price stability at $90,000. Explore resistance levels and volatility risks for informed investment decisions—stay ahead in crypto markets today. What Are the Main Threats to Bitcoin’s Price Stability? Bitcoin supply clusters represent concentrated areas of sell orders that can hinder price advances, posing the biggest threat to current stability above $90,000. After a recent steep drop, Bitcoin has held this threshold for four consecutive days, renewing market confidence in a possible rebound. However, significant hurdles remain, including these supply zones and broader volatility indicators. The cryptocurrency market has shown resilience, but analysts emphasize the need for caution. Data from on-chain metrics highlights how accumulated supply at specific price levels could trigger renewed selling pressure if Bitcoin attempts to break higher. This stability at $90,000 is a positive sign, yet without clearing key resistances, downside risks persist. How Do Bitcoin Supply Clusters Impact Market Momentum? Bitcoin supply clusters are regions where a high volume of sell orders accumulate, often stalling bullish momentum and creating resistance barriers. The closest cluster lies between $93,000 and $96,000, while a second one spans $103,000 to $108,000. Trading into these zones could face intense volatility, as liquidation heatmaps indicate heavy positioning that might lead to cascading sells. Source: Glassnode Failure to breach these levels might push Bitcoin below $90,000, a mark it recently…
Filed under: News - @ November 30, 2025 3:52 am