Exclusive Market Data on Bitcoin Exchange Flows at $90,000
The exclusive market data highlights massive Bitcoin ($BTC) exchange flows at $90,000. According to crypto analyst Axel Adler Jr., most of Bitcoin’s exchange flows have occurred at the psychological price level of $90K over the past four months. The analyst discussed $90K as a noteworthy transitional curve between bearish and bullish sentiment.
Exchange Activity at $90K
The peak of exchange activity over the past four months occurred at the $90K level, which saw the highest daily Bitcoin flow on exchanges. Additionally, when the price dropped below $90K, there was a notable spike in exchange flow.
> “$90K currently serves as a…”
> — Axel 💎🙌 Adler Jr (@AxelAdlerJr) March 13, 2025
$90K Mark Exemplifies $BTC Exchange Flows
Axel Adler Jr. underscores $90K as a critical psychological point responsible for the majority of $BTC exchange flows. This peak exchange activity signifies that traders view this level as vital for profit-taking and accumulation.
When the price dipped below $90K, exchange activity surged again, reinforcing this level’s significance in shaping market behavior. The latest statistics show dramatic fluctuations in inflows and outflows at this price level, indicating that market participants are actively adjusting their positions. Bitcoin’s ability to remain above $90K increases bullish confidence.
Traders are anticipating further price appreciation; however, slumping below $90K could lead to intensified sell-offs, resulting in increased exchange activity and potential downward pressure. The 7-day SMA of Bitcoin’s exchange flows indicates sharp spikes at these critical moments, emphasizing a long-term upward trajectory.
Robust Resistance Level
According to Axel Adler Jr., the recent price movements of Bitcoin indicate that market participants are meticulously observing the $90K level. If Bitcoin successfully reclaims and sustains itself above this level, bullish momentum could reach new heights. Conversely, remaining below this threshold may trigger more sell-offs, establishing $90K as a strong resistance level.
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