The Bitcoin Signal Most Investors Overlook: Hash Ribbons Explain What’s Happening

TL;DR:

Bitcoin is struggling to hold above the $90,000 level as uncertainty continues to dominate market sentiment. After weeks of consolidation and failed recovery attempts, price action reflects a fragile balance between cautious buyers and persistent selling pressure.

Key Points:

Background:

Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.