Bitcoin's Breakout Above $90.2K – What's Next?

Bitcoin's price has recently surged past the +1σ band, now at $89.5K, indicating that investors are sitting on statistically significant unrealized profits. This milestone often sparks profit-taking activities, as traders look to lock in gains.

However, history tells us that the market can stay in this "overheated" zone for extended periods, particularly when capital inflows are strong enough to absorb sell-side pressure.