Bitcoin is currently trading below 94,000 USD with no significant demand to propel it upwards. Resistance at the 94,000 USD mark has been tested multiple times without success, leading Bitcoin to drop back to between 89,000 USD and 90,000 USD.
While liquidity signals suggest a bullish trend in the long term, the apparent demand for Bitcoin has been negative since late November, revealing a significant lack of new buying interest among investors.
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