<ul><li>Bitcoin price has been struggling to break above the $88,000 resistance level, hindering a retest of $90,000 before the end of Q1.</li><li>Constant sell-side pressure from short-term holders is a major factor holding Bitcoin under $90,000, with a surge in supply held at a loss.</li><li>A contraction of liquidity conditions and a lack of new demand are also limiting Bitcoin's ability to surpass the $90,000 threshold.</li><li>However, the Long-Term Holder cohort holds almost 40% of the network's wealth, which could lead to better conditions for increased demand in the future.</li></ul>

3 reasons why Bitcoin price can’t take out the $90K resistance level

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