NEW YORK / LONDON (IT BOLTWISE) – Bitcoin has recovered above $90,000 after a period of intense selling pressure. Despite this recovery, uncertainty remains in the market as institutional investors continue to sell. The Coinbase Premium Index shows US institutions selling more aggressively than retail investors, weighing on market sentiment. Analysts are watching developments closely to see whether this is the start of a sustained recovery or just temporary relief.
Today’s daily deals at Amazon! ˗ˋˏ$ˎˊ˗
Bitcoin has recovered above $90,000 after a period of intense selling pressure, giving the market a brief reprieve. Despite this recovery, investor sentiment remains tense as speculation of an impending bear market increases. Many investors are still processing the sharp decline from October’s all-time high and confidence has not yet fully returned.
A key indicator of the current caution is the Coinbase Premium Index, which remains negative. This index compares the price of Bitcoin on Coinbase, the preferred exchange for US institutions and professional investors, with Binance, which is heavily used by retail investors. A negative index suggests that institutional players and US whales are selling more aggressively than retail investors. Analyst Darkfost points out that some of this ongoing selling pressure is related to continued spot ETF outflows, which are weighing heavily on sentiment.
However, since the panic selling peaked on November 21st, institutional and US-based selling pressure has noticeably diminished. While the Coinbase Premium Index remains negative, the intensity of this negativity has weakened significantly. Darkfost notes that the trend is improving, even though the index has not yet moved into positive territory. If this trend continues, it could provide the market with much-needed headroom and stabilize price developments.
However, analysts remain cautious. The next few sessions will be crucial as Bitcoin needs to show that waning selling power can be converted into sustainable demand. A decisive move, either by reclaiming higher levels or by falling again, seems imminent. As institutional activity continues to shift, the market may soon reveal whether this was just a temporary burst of relief or the start of a larger recovery.
Bitcoin is showing its first significant attempt at recovery after the steep decline that pushed the price from the all-time high of $126,000 to the $80,000 zone. On the 3-day chart, BTC has rebounded sharply from the 200-day moving average line, a level that has historically acted as key dynamic support during deep corrections. This bounce has brought the price back to the $91,000 area, but momentum remains fragile.
The chart shows that BTC is trading below both the 50-day and 100-day moving averages, which are now pointing downwards, indicating weakness in the short-term trend. Until price reclaims these moving averages, particularly the 100-day moving average near $103,000, the broader structure remains vulnerable to further downside. Volume during the sell-off was significantly higher than during the upswing, suggesting that sellers were more aggressive than buyers. This imbalance highlights that the recent rise may be a reactionary relief move rather than a confirmed reversal.
Order an Amazon credit card without an annual fee with a credit limit of 2,000 euros!
Bestseller No. 1 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 2 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 3 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 4 ᵃ⤻ᶻ «KI Gadgets»
Bestseller No. 5 ᵃ⤻ᶻ “KI Gadgets”
Please send any additions and information to the editorial team by email to de-info[at]it-boltwise.de. Since we cannot rule out AI hallucinations, which rarely occur with AI-generated news and content, we ask you to contact us via email and inform us in the event of false statements or misinformation. Please don’t forget to include the article headline in the email: “Bitcoin: Institutional Selling Despite Recovery Above $90,000”.