Bitcoin's sharp push toward $90,000 faced immediate selling pressure, sliding back down to the $85,000 level as market participants recalibrated their positions. The momentum that fueled the earlier rally appears to have stalled—traders are reconsidering whether year-end optimism can sustain these levels. The pullback signals wavering confidence in the bounce, with key support levels now under renewed scrutiny.
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Bitcoin's sharp push toward $90,000 faced immediate selling pressure, sliding back down to the $85,000 level as market participants recalibrated their positions. The momentum that fueled the earlier rally appears to have stalled—traders are reconsidering whether year-end optimism can sustain these levels. The pullback signals wavering confidence in the bounce, with key support levels now under renewed scrutiny.