<ul><li>Bitcoin is facing resistance at the $88,000 to $91,000 level, limiting upward momentum.</li><li>On-chain data shows a reduction of 290,000 BTC in supply from major Bitcoin holders, signaling a potential slow shift from selling to accumulation.</li><li>Bitcoin is currently holding above the 200-day moving average but needs to reclaim the $90,000 level to avoid bearish pressure.</li><li>A breakout above $90,000 is crucial to confirm a new leg higher for Bitcoin.</li></ul>

Bitcoin Whales Stop Selling – 290K BTC Offload Signals Rising Accumulation

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