Bitcoin’s breach of $90,000 support increases the chance of a liquidity grab below the price range lows.
Bitcoin (BTC) tapped $92,700 during the early Asian hours on March 6, 19% above the Feb. 28 low of $78,200 as sentiment improved across the board.
The recent rejection at $94,500, however, raises questions about whether the BTC price could drop further over the next few days.
BTC/USD hourly chart. Source: Cointelegraph/TradingView
