Signs suggest $90K Bitcoin price was the recent low

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The latest Bitcoin price pullback toward $90,000 was likely a buy-the-dip opportunity and in line with previous bull markets, several key market metrics suggest. 

Bitcoin’s latest rebound from the Nov. 26 local low of $90,742 has seen it reclaim $95,000. The recovery has reached across the broader cryptocurrency market, with total market valuation rising 7.3% between Nov. 26 and 28 to $3.32 trillion. 

Market participants are now looking for clues as to whether Bitcoin has found support at $90,000 before continuing its march toward $100,000.


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