Bitcoin Eyes $90K Breakout as CVD Flashes Fragile Demand
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Bitcoin is holding above its 21-day moving average and a $90,000 breakout setup remains active, leaving upside possible for the crypto market if momentum improves next week. However, Cumulative Volume Delta on major CEXs shows buyer strength collapsing — Binance CVD fell from $50M to $6.5M and Coinbase from $30M to $5.7M — indicating fragile spot demand and macro uncertainty that weakens the bullish case.
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- Bitcoin holds above the 21-day moving average, keeping the $90K breakout setup active.
- CVD data fell from $50M to $6.5M on Binance and from $30M to $5.7M on Coinbase.
- Weak spot demand and macro uncertainty are making Bitcoin’s rally more fragile.
Bitcoin remains positioned near a key breakout zone, but fresh market data shows the rally is becoming more fragile. The latest chart shared by Michaël van de Poppe shows BTC’s price action holding above the 21-day moving average, keeping the $90,000 level in focus.
The setup still points to upside potential if momentum improves next week. However, CVD data shared by Darkfost shows weakening buyer strength across major spot venues, adding pressure to the bullish case.
Spot Demand Loses Strength Across Major Exchanges
Darkfost’s Cumulative Volume Delta analysis showed that spot demand weakened sharply after str…
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