Bitcoin Price Nears Losing $90,000: Deeper Sell-Off Could Be Coming Next

Bitcoin’s recent price rebound proved short-lived, as the crypto king quickly retraced to early January levels after a brief rally. The abrupt reversal has reignited concerns about market fragility.   The failure to sustain higher levels reflects lingering uncertainty of whether the bounce marked a true transition out of the prior bearish phase or merely a temporary relief rally within a broader downtrend. Bitcoin Holders Lack Conviction The Short-Term Holder Cost Basis model continues to serve as a crucial reference point during transitional phases source: https://beincrypto.com/bitcoin-price-deeper-sell-off-next/