Bitcoin Bulls Battle U.S. Sell Pressure as $89K Caps Rallies Again – Here Is What Traders Are Watching

• Bitcoin continues to face heavy selling pressure during U.S. trading hours.
• The $89K level has capped multiple breakout attempts this week.
• Altcoins and crypto-related stocks are showing relative strength.

Bitcoin bulls are once again trying to break a stubborn pattern that’s defined much of the past week: selling pressure during U.S. trading hours. BTC dipped below $85,000 late Thursday, only to rebound after U.S. markets closed and climb back above $89,000 by Friday morning. That level, however, has repeatedly acted as a ceiling, with sellers stepping in quickly and forcing price back lower, sometimes within minutes.

A Familiar Pattern Keeps Repeating

The price action has become almost predictable. Bitcoin rallies overnight or during off-hours, pushes toward the upper $88,000–$89,000 zone, then stalls as U.S. trading picks up. For now, BTC is holding relatively steady ahead of the pre-holiday weekend, trading near $88,400 and up about 0.3% over the past 24 hours. The lack of follow-through has kept momentum muted, even as buyers continue to test resistance.

Altcoins and Equities Show Strength

While Bitcoin remains range-bound, several major altcoins joined the overnight rebound. Ether bounced back toward the $3,000 level, gaining around 1%, while Solana and SUI led the move higher among large-cap alts. The broader risk-on tone was echoed in U.S. equity markets, where the Nasdaq climbed roughly 1%, driven by strong gains in AI-linked stocks like Nvidia, Oracle, and AMD.

Crypto Stocks Catch a Bid

Digital asset-related equities also participated in the rebound. Ethereum treasury firm BitMine surged nearly 8%, while Galaxy Digital and stablecoin issuer Circle each advanced about 3%. Strategy, the largest corporate holder of Bitcoin, rose more than 3%, pushing its multiple to net asset value slightly higher. Elsewhere, BitDigital jumped 10% after news that its majority-owned subsidiary WhiteFibre signed a long-term colocation deal valued at roughly $865 million.

What Comes Next for Bitcoin

For traders, the key question remains whether Bitcoin can finally absorb the persistent sell pressure during U.S. hours and turn $89,000 into support. Until that happens, the market may remain stuck in a frustrating loop of overnight rallies and daytime pullbacks. A decisive break above resistance could change sentiment quickly, but for now, patience is being tested.

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