The King of Cryptocurrencies Fails to Break Through the $90 000 Barrier – A History of Disappointed Expectations

The year 2025 ended for Bitcoin on a disappointing note. Although it seemed that the king of cryptocurrencies could establish itself permanently above the psychologically important level of $90,000, the reality proved to be harsh. A series of sharp rejections suggests that bullish momentum has significantly weakened, and the market structure shows signs of exhaustion. Analysts warn that uncritical buying at the top could turn out to be a costly mistake.

False Breakouts – A Repeating History for Traders

Bitcoin’s recent months in 2025 tell a story of failed attempts. It all started promisingly in early December when the cryptocurrency princess managed to break above $90,000 and temporarily touched nearly $93,000. However, the enthusiasm quickly proved unfounded. It lacked fundamental support from volume. Buyers who entered at the top were immediately trapped in their positions, and the price rapidly fell back to around $86,000.

Just a few days later, a second attempt occurred. Bitcoin again surged, approaching the $93,000–$94,000 zone. But this attracted even more determined sellers. The result was the formation of a “lower high” structure – a classic signal for technical analysts of waning momentum. Another correction pushed the price down to the $86,000 lows.

In mid-December, there was yet another attempt, but this time its character was noticeably weaker. Bitcoin briefly approached $90,000 again, but this time there was no decisive buying attack. The rejection was immediate, with no doubt from the market.

Exhaustion of the Structure – Reading Market Signals

Connor Bates, a well-known analyst, commented on the situation in a recent post, directly pointing to the exhaustion of the market structure as the main issue. A series of large red candles on the chart absorbed the previous gains outright. The inability of buyers to defend the $90,000 level became a signal of broader problems.

Technical data focus on support and resistance concepts. The $90,000 level was supposed to become solid support after a breakout. Instead, it turned into an untested resistance. This fundamental inversion changes the scenario for bulls to a decidedly less favorable one. Analyzing volume at each upward attack shows a clear trend – each attempt to break through attracted less buying activity than the previous one.

Outlook – What’s Next for the King of Cryptocurrencies?

Below this key level, the market shows a more cautious stance. According to data from Polymarket, only 4% of participants believe Bitcoin will return to $95,000 this year. This low probability reflects the pessimism among traders.

The current situation in March 2026 shows that the cryptocurrency princess is trading much lower – around $74,360, with a 24-hour increase of +3.71%. This is a significant decline from December levels. The question is: were the previous failed attempts to break $90,000 merely resumption moves without fundamentals, or are they a sign of longer-term consolidation at lower levels?

The answer to this question will be crucial for the future movements of the king of cryptocurrencies.