Bitcoin bulls charge at $90K as traders eye CME gap for BTC price dip

Bitcoin is facing resistance at $90,000 as the year's first Wall Street open approaches. This level has historically acted as a significant psychological barrier for traders. Recently, while gold has recovered from local lows, Bitcoin struggles to breach this resistance level. Traders are particularly focused on the CME gap and how it may impact short-term price developments. There’s a potential for this gap to be closed, prompting investors to strategize accordingly. Current market sentiment remains bullish as per technical analysis, but the $90,000 level is a critical area to watch for future price movements. A breakout above this level could indicate further bullish momentum, while a rejection may lead to a short-term pullback.