Bitcoin is experiencing selling pressure as BlackRock clients have offloaded $74.03 million worth of the cryptocurrency. This move has contributed to a decline in Bitcoin's price, which has fallen to approximately $86,800, struggling to break through the $88,000–$90,000 resistance range. Analysts highlight a bearish three-wave corrective pattern, indicating that Bitcoin must surpass $90,100 to potentially reverse the current trend. The market remains in a state of consolidation, with no definitive breakout in sight.