Bitcoin Price Prediction: Buyers Test $93k as Spot Outflows Keep Pressure On

• Spot outflows remain heavy, with $92.9M leaving exchanges, limiting upside follow-through.
• Bitcoin stays capped below the descending trendline and stacked EMAs, keeping sellers in control.
• Holding $90k–$93k is critical, while a break below $90k risks a slide toward $88k–$86.8k.

Bitcoin price today trades near $92,800 after failing to hold above short-term resistance and slipping back into a fragile consolidation range. Sellers remain active as repeated spot outflows cap upside attempts, while buyers focus on defending the $90,000 to $93,000 support band to avoid a deeper pullback.

Buyers Step Back As Spot Outflows Persist

Exchange flow data continues to lean against the bulls. On January 7, Bitcoin recorded a $92.9 million net spot outflow, extending a multi-week pattern of capital leaving rather than entering the market.

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