Bitcoin Retreats From $93K as Analysts Watch $90K-$91K Support

Bitcoin pulled back after briefly crossing $93,000 on Dec. 3, raising concerns of a false breakout, Bitunix analysts said. The cryptocurrency now tests support at $90,000–$91,000, with resistance at $93,200. Bitcoin ETFs recorded net inflows of $58.5 million, contrasting with Ethereum ETF outflows of $9.9 million. Macro uncertainty rose as Trump said he plans to announce a new Federal Reserve chair early next year, with market speculation on dovish candidate Hassett and geopolitical tensions from potential U.S. military actions in Venezuela.