Analysts at CryptoQuant suggest that Bitcoin may face a slowdown near the $90,000 mark. This potential resistance is driven by short-term traders looking to lock in profits, as their average acquisition price for coins held for one to three months sits at $64,300.
The $90,300 level represents a 40% gain for this group of investors, aligning with a significant on-chain supply cluster between $88,000 and $90,000. Historically, this zone triggers increased selling pressure, though experts view it as a temporary pause rather than a market reversal.
Bitcoin recently moved above its 365-day moving average of $80,500, signaling the start of a new bull cycle. On-chain metrics and fundamental indicators currently support further growth, with the path toward the profit-taking zone appearing clear from the current price of $86,000.
CryptoQuant CEO Ki Young Ju noted that institutional inflows are likely to reduce market volatility. Larger capital tends to dampen extreme price swings while protecting against deep crashes. Data shows the MVRV ratio remained above 1.0 throughout 2026, indicating sustained profitability for most investors.
Market activity remains robust, with US spot Bitcoin ETFs recording a net inflow exceeding $1.7 billion over a two-day period in September. Analysts continue to monitor liquidity trends as institutional participation reshapes the dynamics of the current market cycle.
