Bitcoin Smacked Down To $91,000: Where Do We Go From Here?

Bitcoin (CRYPTO: BTC) has slid to $91,000, but on-chain data suggests the decline remains orderly as price moves into a historically strong demand zone.

What Happened: Glassnode’s latest Bitcoin Market Pulse shows momentum is now deeply oversold, with the 14-day RSI at extreme lows.

Derivatives markets reflect heavy sell-side pressure, futures and perpetual cumulative volume delta are sharply negative, yet open interest remains steady, signaling no major leverage flush-out.

Spot trading volumes are cooling and ETF outflows have slowed, suggesting the wave of aggressive …

Full story available on Benzinga.com