JUST IN: Bitcoin Smashes Through $93,500 Resistance Wall on Massive Spot Volume.



The "dry powder" is deploying. Following yesterday's record stablecoin inflows, Bitcoin has aggressively broken through the critical $93,200 ceiling and is currently consolidating near $93,850.

This move is significant because of its composition. Unlike recent rallies driven by derivative squeezing, current on-chain data shows funding rates remaining flat even as price climbs. This indicates genuine spot market accumulation rather than leveraged speculation. The market has fully digested last week's geopolitical fear and is repricing based on supply scarcity.

Traders should monitor the NY session close. If spot bid depth remains robust above $93,500, the path of least resistance is now open for a retest of the $95,000 range highs.

#Bitcoin #SpotBuying #MarketStructure
BTC-0,14%
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