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56m 3s ago

Bitcoin Faces 93.2K Resistance After False Breakout, Holds 90–91K Support as BTC ETF Inflows Signal Demand

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COINOTAG News notes a risk-on tilt in the crypto market as Bitcoin briefly breached the $93,000 level before retreating, signaling a potential false breakout. Near-term support sits at 90,000–91,000 with resistance near 93,200.

ETF flows show divergence: BTC inflows of $58.5 million versus ETH outflows of $9.9 million, suggesting fresh capital remains concentrated in Bitcoin while Ethereum faces mild selling pressure.

Macro headlines center on the Fed leadership and policy repricing. If a new chair signals a more accommodative stance, markets would reassess risk assets, even as inflation and the labor market stay uncertain.

Geopolitical signals add risk-off pressure, with potential U.S. actions in the region likely sustaining volatility across assets. In this environment, traders emphasize clean technical signals, capital flows, and the pace of policy repricing to gauge any credible breakout.

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    Bitcoin Faces 93.2K Resistance After False Breakout, Holds 90–91K Support as BTC ETF Inflows Signal Demand - Breaking News