While Bitcoin has recently surged past $90,000, analysts are warning about potential market disruption due to a wave of corporate selling and shrinking ETF activity. 100+ public companies currently hold BTC on their balance sheets, with many trading below the value of their reserves. This creates a high likelihood for sell-offs, potentially affecting Bitcoin’s price momentum. One example is Sequans Communications, which reportedly liquidated $100 million in Bitcoin this month. Adding to the pressure are significant outflows from investment products like ETFs, exceeding $3.57 billion in just a single month. These factors pose additional downside risks for Bitcoin despite recent gains.
While technical rebound is limited with BTC below key moving averages and facing resistance at levels near $107,325 and the broader neckline of a potential double-top around $124,300, support zones remain in focus. If pressure returns, watchers anticipate downside targets near $80,600 and $74,700.
Analysts emphasize that the rebound to $90,000 offers temporary optimism but long-term recovery hinges on institutional behavior. A sustained rally needs renewed capital flows and confidence from institutions, not just price action. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.