Bitcoin price Price Watches for $90K Breakout as $85K Sell Wall Forms

Bitcoin price is nearing a key resistance area as sell orders pile up above its current price, prompting questions about whether buyers can keep the recovery going toward $90,000. At the time of writing, Bitcoin price is trading at $83,904.38, up 1.06% on the displayed TradingView daily candle. Ted Pillows has pinpointed a cluster of sell orders between $83,500 and $85,000, indicating that Bitcoin may need stronger buying pressure to absorb the overhead supply. In his X post, crypto market commentator Ted Pillows said that “A lot of sell orders have been placed between $83,500 and $85,000.” He noted that “$90K could happen very soon” if Bitcoin clears this level.

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