Bitcoin’s market structure is showing renewed strength as the leading cryptocurrency holds steady above $85,000, with key indicators suggesting a potential push toward the critical $90,000 level. Recent data from CryptoQuant reveals a significant shift in market dynamics, as net taker volume – a crucial measure of aggressive buying versus selling pressure – has turned decisively positive.
This technical development comes amid broader macroeconomic changes, most notably the recent 90-day tariff pause announced by U.S. President Donald Trump, which excludes China but has provided relief to global markets. As Bitcoin tests key liquidity zones above $85,000, traders are closely monitoring whether this momentum can drive prices to new heights.
Net Taker Volume Signals Growing Bull Momentum
According to prominent analyst Axel Adler, the Bitcoin cumulative net taker volume has flipped positive for the first time in several weeks, indicating that aggressive buyers are returning to the market with conviction. This metric is particularly significant as it measures the balance between market buy and sell orders, offering insight into directional pressure.
Key findings from the latest market data include:
- Bulls have taken control of derivatives markets since Friday
- Growing spot demand coincides with on-chain accumulation signals
- Market structure shows early signs of trend reversal
Technical Analysis: Critical Levels to Watch
Bitcoin currently trades at $85,700, facing crucial resistance at the 200-day moving average near $87,500. A breakthrough above this level could trigger a significant rally toward $90,000. However, the asset must first overcome several technical hurdles:
- Immediate resistance: $87,500 (200-day SMA)
- Key support: $81,000
- Secondary support: $75,000 (previous correction bottom)
SPONSORED
Trade Bitcoin with up to 100x leverage and maximize your profit potential
Market Risks and Considerations
Despite the positive signals, several risk factors remain in play:
- Ongoing trade tensions with China
- Interest rate uncertainty
- Technical resistance at key moving averages
- Potential profit-taking near psychological $90,000 level
Conclusion: What’s Next for Bitcoin?
While the net taker volume indicator suggests growing bullish momentum, Bitcoin still needs to overcome significant technical resistance to confirm a broader uptrend. Traders should watch for sustained trading above $87,500 as confirmation of bullish continuation, while maintaining awareness of key support levels at $81,000 and $75,000.
Frequently Asked Questions
What is net taker volume?
Net taker volume measures the difference between aggressive buying and selling pressure in the market, helping identify potential trend shifts.
Why is the 200-day moving average important?
The 200-day moving average is a key technical indicator that often acts as a major support or resistance level and helps determine long-term market trends.
What could trigger a move to $90,000?
A combination of sustained positive net taker volume, breakthrough above the 200-day moving average, and continued institutional buying could drive Bitcoin toward the $90,000 target.