According to PANews, Bitcoin fell below $95,000 amid macroeconomic uncertainty and expectations of the Federal Reserve meeting. Analysts warned that prices could fall further, with key support levels at $92,500 and $89,000.
Despite the decline in Bitcoin prices, Bitcoin ETFs still saw net inflows of $1.81 billion last week, showing continued investor interest. Alex Kuptsikevich of FxPro pointed out that the market has returned to the key resistance zone from December to February, and the next downside targets are $92,500 and $89,000. A break below $90,000 will cause technical and psychological damage.
