3 reasons why Bitcoin price can’t take out the $90K resistance level

Since reaching a weekly high of $88,752 on March 24, Bitcoin (BTC) price has formed a series of lower highs and lower lows in the 1-hour time frame chart.

As the end of the week approaches, Bitcoin price has failed to break above the $88,000 resistance, reducing the chance for a $90,000 retest before the end of Q1.

What is keeping Bitcoin under $90K?

One major reason for Bitcoin’s current price struggles is constant sell-side pressure…