$90K Emerges as Bitcoin’s Psychological Pivot Amid Market Volatility

The exclusive market data highlights massive Bitcoin ($BTC) exchange flows at $90,000. As per the crypto analyst going by Axel Adler Jr., most of Bitcoin’s exchange flows have occurred at the psychological price level of $90K over past 4 months. The crypto analyst took to social media to discuss $90K as a noteworthy transitional curve between bearish and bullish sentiment.

The peak of exchange activity over the past four months occurred at the $90K level. This level saw the highest daily Bitcoin flow on exchanges. Additionally, when the price dropped below $90K, we observed another spike in exchange flow.

Essentially, $90K currently serves as a… pic.twitter.com/XjzVzL3rbb

— Axel 💎🙌 Adler Jr (@AxelAdlerJr) March 13, 2025

$90K Mark Witnesses Most of $BTC Exchange Flows

Axel Adler Jr. highlights $90K as a key psychological point responsible for majority of $BTC exchange flows. This maximum level of exchange activity signifies that traders deem this level as critical in the case of profit-taking and accumulation. When price dipped below $90K, exchange activity once again surged, supporting this price level’s status in forming market behavior.

In line with the latest market statistics, the $90K level experiences dramatic fluctuations in the case of inflows and outflows. The plunge in price from this level triggered considerable inflows. This suggests that the market members were actively modifying positions. In addition to this, Bitcoin’s potential to stay above the $90K mark boosts bullish confidence.

Simultaneously, traders are expecting additional price appreciation. Nonetheless, when $BTC slumps below the respective threshold, it goes through intensified sell-offs. This leads to a rise in exchange activity as well as likely downward pressure. Moreover, the 7-day SMA of Bitcoin’s exchange flows denotes sheer spikes during these notable moments, underscoring long-term upward trajectory.

Serving as Robust Resistance Level

According to Axel Adler Jr., the recent price movements of Bitcoin bring to the front that the market participants are keenly observing the $90K level. Hence, if Bitcoin effectively reclaims it and sustains above it, a bullish momentum could be seen, leading to exclusive heights. On the other hand, staying below this level could trigger additional sell-offs, presenting $90K as a strong resistance level.