Bitcoin has been making headlines recently as it continues to push towards the $90,000 mark. However, the journey to this milestone has not been without its challenges. Despite facing resistance from bears, the leading cryptocurrency has managed to hold its ground and maintain its upward momentum.

At the time of writing, Bitcoin is trading just below the $90,000 level, with bulls and bears engaged in a fierce battle for control. The recent price action has been characterized by volatility, with sharp swings in both directions. This has left many investors wondering which direction the market will ultimately take.

On one hand, bears are attempting to hold the $90,000 level as a strong resistance point. They believe that Bitcoin has reached its peak and will soon start to decline. On the other hand, bulls are confident that the upside is the most likely path for prices to take. They point to the strong fundamentals and growing adoption of Bitcoin as evidence that the cryptocurrency still has room to grow.

Looking at the charts, it seems that the bulls have the upper hand. Bitcoin’s price has been steadily climbing higher, with each dip being quickly bought up by eager buyers. This suggests that there is strong demand for Bitcoin and that investors are confident in its long-term potential.

But it’s not just Bitcoin that is showing signs of strength. Altcoins, or alternative cryptocurrencies, are also on the rise. Many of these coins have seen significant gains in recent weeks, with some even outperforming Bitcoin. This is a positive sign for the overall market, as it indicates that investors are diversifying their portfolios and exploring other opportunities within the crypto space.

In conclusion, while bears may be attempting to hold Bitcoin back, the charts and market sentiment suggest that the upside is the most likely path for prices to take. As always, it’s important for investors to do their own research and make informed decisions when it comes to their investments. But for now, it seems that the bulls are in control and Bitcoin’s journey towards $90,000 is far from over.