Bitcoin’s recent failure to break above 94,000 USD has kept it within the death cross area, trading around 90,600 USD. The total market cap has fallen to 3.06 trillion USD, with 80% of the top 100 coins underperforming.
While technical indicators suggest potential downside, prediction markets show only a 4.9% chance of a new ‘Crypto Winter’. Traders expect Bitcoin to regain bullish momentum if it can reclaim the 94,000 USD resistance level.
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