Bitcoin's recent price surge encountered significant resistance at the $90,000 mark, creating uncertainty among investors. The pause in Bitcoin's momentum coincides with a strengthening dollar trend, supported by FX traders endorsing the ongoing dollar bull run.
Analysts, including those from ING, advised caution against opposing this emerging dollar strength, suggesting that it could have implications for Bitcoin's future movements. The interplay between Bitcoin's resistance level and the dollar's performance highlights the complexities of the current market landscape.
