Bitcoin’s Struggle: Market Uncertainty Grips Crypto Amidst Bearish Pressure

The cryptocurrency market remains volatile as Bitcoin struggles to sustain gains above $90,000. While some analysts anticipate a short-term rebound, a prevailing bearish sentiment is prompting caution among traders. The broader altcoin landscape reflects this uncertainty, with several tokens approaching key support levels. Market participants closely watch macroeconomic factors, institutional involvement, and regulatory developments that could influence crypto prices in the coming weeks. 8 Bitcoin’s attempt to rebound was hampered by persistent selling pressure at intra-day resistance levels, with outflows from exchange-traded funds (ETFs) signaling waning investor confidence. Several altcoins are approaching crucial support zones, potentially indicating a dominant bearish momentum across the market.