Can Bitcoin regain $90K? Bulls at risk as long-term holders ramp up selling

Bitcoin risks a further decline to $84,000, following rising whale exchange deposits and accelerated long-term holder selling.

Bitcoin (BTC) slipped below $90,000 during the New York trading session on Tuesday alongside an increase in long-term selling. Large holders also exited their positions, keeping the downside pressure firmly in place.

Key takeaways:

Bitcoin dips below $90,000 as whales deposit over $400 million to exchanges.

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