Bitcoin price holds near $90k as resistance at $94.5k caps rally and liquidations climb

Bitcoin has been consolidating around the $90k area in January, struggling to break above the $94.5k resistance while trading between $89.3k and $91k. Over the same period, Open Interest climbed from $54.62 billion to $62.14 billion before stalling, and long positions have seen hundreds of millions of dollars in liquidations. Spot ETF products also registered $1.128 billion in outflows since 06 January, keeping crypto longs cautious despite short-term bounces.