Bitcoin Rejects Key Resistance, Drops Nearly 5% in Hours

[AIcash]

Bitcoin failed to push past the $91,500 resistance level over the weekend and abruptly fell almost 5% in just three hours, hitting $86,950 on Coinbase. The sudden move erased the consolidation pattern traders had been watching all weekend. The drop followed Bitcoin’s first green weekly close in four weeks, ending last week at $90,411. Despite no clear news catalyst, volatility returned right on schedule — as Friday and Sunday nights once again delivered outsized market moves.

[Nahid Hossen]

Rejection at resistance triggered a sharp sell-off within hours.

[Abdul Khan]

A 5% drop highlights how aggressively sellers defended the level.