When will Bitcoin break through the $90,000 mark? Institutional withdrawal + high interest rates = a period of waiting

robot
Abstract generation in progress

【Crypto World】Bitcoin may continue to fluctuate around $90,000 in the coming days. The market is stuck mainly due to the following factors stacking up: at the beginning of January, institutions withdrew $1.37 billion from spot Bitcoin ETFs, and the impact is still ongoing; coupled with the Federal Reserve’s high interest rate policy not easing yet, safe-haven funds are instead piling into gold; additionally, geopolitical tensions have also suppressed the attractiveness of risk assets. The market is basically waiting—waiting for the stock market to give a clear signal, waiting to see how U.S. bond yields move, waiting for macroeconomic changes. No one wants to act rashly in this period of uncertainty, so Bitcoin may remain in this deadlock in the short term.

BTC0,54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FastLeavervip
· 7h ago
Institutions run away, the Federal Reserve doesn't loosen, this is called people's morale dispersing. Wait a minute, the entire market is waiting for a signal, but no one dares to act, which is quite ironic.
View OriginalReply0
YieldWhisperervip
· 7h ago
Institutions tried to buy the dip but ended up running away instead. How can we play this wave... Wait, wait, wait, it feels like everyone is waiting for someone else to make the first move.
View OriginalReply0
GasFeeCryingvip
· 7h ago
Institutions are withdrawing wave after wave, and we're retail investors still here picking up the pieces... Truly incredible.
View OriginalReply0
DegenWhisperervip
· 7h ago
Institutions run away, the Federal Reserve stays put, and geopolitical tensions add to the trouble... Basically, it's a waiting period. Whoever dares to move is a fool.
View OriginalReply0
VitalikFanAccountvip
· 7h ago
Institution runs away with 1.37 billion, gold vampirism, this situation is indeed awkward, sideways trading until the end of time.
View OriginalReply0
ChainBrainvip
· 7h ago
Institutions run away with 1.37 billion, this move is quite ruthless... Wait, do they know something?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)