Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details

After encountering significant resistance around the $94,000 local high, Bitcoin has retraced to a psychological and technical key support at $90,000. Interestingly, this price correction coincides with a significant change in on-chain dynamics. Here are the details. Related Reading: Three Key Levels For Bitcoin: Top Analysts Caution Against Potential Drop Below $70,000 Exchanges Record Netflow Shift In a QuickTake post on CryptoQuant, pseudonymous market analyst The Enigma Trader explains that the Bitcoin market has seen an apparent temporary shift from its accumulation phase in December last year source: https://www.newsbtc.com/news/bitcoin/bitcoin-tests-90000-support-as-netflows-turn-positive-details/