Bitcoin is facing critical selling pressure amid ongoing macroeconomic uncertainty, with bulls unable to reclaim the $90,000 level and bears repeatedly failing to break below the $81,000 support.
Some analysts argue that Bitcoin's performance looks stronger when measured against the decline in equities, as it is now down less than 10% from its all-time highs, suggesting underlying resilience.
Bitcoin is currently holding strong above critical demand levels, showing relative stability despite intense volatility in global financial markets.
BTC is consolidating between the $81,000 support and the $88,000 resistance level, with the $90,000 level being crucial for a potential recovery rally.