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Bitcoin Price Prediction: Sellers Block Recovery As Price Compresses Near Major Support


Bitcoin Price Prediction: Sellers Block Recovery As Price Compresses Near Major Support

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  • Bitcoin fails to break $95,000 as price compresses inside a wedge, with sellers maintaining control at major resistance.
  • Spot and ETF flows remain negative, with over $170M in recent outflows signaling weak demand and cautious positioning.
  • Futures open interest and volume decline, showing lower conviction and reducing the probability of a sustainable breakout.

Bitcoin price today trades around $92,930 after failing to break above $95,000, a level that sellers have defended for nearly two weeks. The rejection keeps short term pressure on buyers, with price now moving inside a tightening wedge that usually leads to a sharp breakout. The market is waiting for a clear signal, but current flows and positioning still lean cautious.

Spot Outflows Keep Pressure On Price

BTC Spot Netflows (Source: Coinglass)

Spot data shows that investors are still taking money out of…

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Coins

$ 63.92K

-0.32%

$ 0.00184

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