Bitcoin Analysts Say This Must Happen for BTC Price to Break $90K

Bitcoin's potential end-of-year rally toward $90,000 is currently stalled due to insufficient demand and weak on-chain activity, particularly from US investors. Metrics like Bitcoin's Apparent Demand have turned negative, hitting lows not seen since October, and the Coinbase Premium Index, which signals US retail investor demand, has also dropped sharply, indicating selling pressure. This risk-off sentiment is further evidenced by significant outflows from spot Bitcoin ETFs last week. For a sustained rally into 2026, analysts stress that demand pressure must increase, reinforced by a return of spot ETF inflows. Technically, the BTC/USD pair must overcome immediate resistance around the $90,000 to $92,000 zone, which has rejected the price multiple times since mid-December. Analysts note that a successful close above $90,360 could confirm a bullish divergence, while a breakout from a descending broadening wedge pattern at $90,000 could target $122,000, potentially making January a bullish month.

(Source：Cointelegraph)