Bitcoin’s Critical $90,000 Support Level Identified by Analyst – Key Insights

Veteran market analyst Daan Crypto has identified $90,000 as a pivotal support level for Bitcoin, providing technical and fundamental insights for investors. As of August 2025, Bitcoin's ability to break and hold above its all-time high remains crucial for maintaining bullish momentum. The analyst also highlighted macroeconomic developments, including recent agreements between the US and China, as potential catalysts for BTC's price trajectory. This analysis comes at a time when market sentiment appears optimistic, with traders closely watching Bitcoin's price action around this key level. The $90,000 support is seen as a make-or-break zone that could determine whether Bitcoin enters a new phase of price discovery or faces a deeper correction.

Analyst Identifies $90,000 As Bitcoin’s Pivotal Support – Details

Veteran market analyst Daan crypto has pinpointed $90,000 as a critical support level for Bitcoin, offering technical insights for investors. The analyst also highlighted fundamental developments that could shape BTC's price trajectory, including macroeconomic shifts.

Bitcoin's break above its all-time high remains crucial for sustaining bullish momentum. Market sentiment received a boost after the US and China agreed to a 90-day tariff pause, averting an immediate trade war escalation. Over $600 billion flowed into global markets following the announcement, with BTC outperforming traditional assets in the aftermath.

Bitcoin Eyes $120K as Market Watches Key $90K Support Zone

Bitcoin continues to dominate the crypto spotlight, trading above the six-figure mark as investors eye a potential breakout past its all-time high of $109,114 set in January 2025. Blockstream CEO Adam Back recently commented that Bitcoin's current price seems 'strangely low' and suggested it could surge to $500,000 or even $1 million during this four-year cycle.

Crypto analyst Ali predicts a potential market top of $120,000—about a 16% increase from current levels—if bitcoin can maintain support above the crucial $90,000 threshold. In a post on X, Ali emphasized the importance of this support zone, calling it a make-or-break level for further upside. On-chain data from Glassnode supports this view, identifying an accumulation zone between $93,000 and $95,000 that aligns with the 30-day cost basis of short-term holders.

US State Pension Funds Allocate $632M to Bitcoin-Proxy Strategy Shares

Fourteen US state retirement systems have collectively deployed $632 million into Strategy Shares (MSTR) as a Bitcoin exposure play, circumventing direct cryptocurrency ownership. Q1 2025 saw a $302 million surge in positions—a 44% average increase—as pension trustees seek regulated market access to crypto's upside.

California's $276 million position anchors the trend, with Florida funds holding $88 million in the Bitcoin-correlated stock. The microstrategy phenomenon demonstrates institutional demand for compliant crypto vehicles amid regulatory uncertainty.

Bitcoin Options Market Signals Further Upside Potential For BTC Price

Bitcoin's resilience above $100,000 underscores its bullish momentum, despite recent price action showing signs of indecision. Derivatives market selling pressure has contributed to this sluggishness, yet on-chain data suggests room for further growth.

Glassnode's May 16 analysis highlights a shift in trader sentiment, with options market data indicating rising optimism. The cryptocurrency's ability to maintain its six-figure valuation reflects strong underlying demand, even as short-term volatility persists.

Bitcoin ETFs See Record Inflows as Bullish Bets Dominate

U.S.-listed spot Bitcoin ETFs have absorbed nearly $6 billion in fresh capital over the past six weeks, mirroring the cryptocurrency's explosive rally from $75,000 to six-figure territory. The 11-strong ETF cohort recorded $2.97 billion inflows during April followed by $2.64 billion in May through mid-month, per SoSoValue data—pushing total net subscriptions past $41 billion since January's launch.

Market dynamics reveal a striking pivot in institutional behavior. Where early adopters exploited arbitrage opportunities through cash-and-carry trades—simultaneously holding spot ETFs while shorting CME futures—recent CFTC positioning data indicates growing appetite for outright directional exposure. This shift coincides with Bitcoin's accelerating price discovery phase, suggesting institutional conviction in the asset's long-term appreciation narrative.

Bitcoin’s New Rally in Waiting: Key Market Signals Point to Bullish Momentum

Bitcoin's options market reveals a striking imbalance, with call options now accounting for 60% of total open interest. The 1M 25 Delta Skew has dropped to -6.1%, signaling stronger demand for upside bets than downside protection. This skew typically precedes periods of heightened bullish activity.

Whale behavior reinforces the optimistic outlook. Exchange balances have shed 49,700 BTC over the past month, indicating reduced sell-side pressure from large holders. Such depletion often precedes price appreciation as supply tightens.

Despite recent consolidation below resistance levels, the market structure suggests accumulation. The persistent dominance of call options—205,447 BTC versus 131,697 BTC in puts—creates asymmetric exposure that could fuel upward volatility when directional momentum returns.