1. Why is Bitcoin price moving sideways near $90,000?
Bitcoin is consolidating amid mixed ETF inflows, cautious investor sentiment, and uncertainty about global economic policies.
2. How do Bitcoin ETFs affect Bitcoin price?
Bitcoin ETFs bring institutional money into the market, and large inflows or outflows can quickly push prices up or down.
3. Is this a good time for Bitcoin trading?
The market shows low volatility, with signs of a larger move ahead, making it important to manage risk carefully when trading.
4. What price levels are critical right now?
Support is around $80,000, while resistance is near $98,000, and the psychological level is $100,000.
5. What factors could move Bitcoin price next?
Key drivers include the US dollar’s strength, interest rate news, ETF activity, and sudden shifts in market sentiment.