$BTC • Recently, Bitcoin has slid below US $90,000, dropping as low as ≈ US $85,800–86,500 amid a broader crypto & risk-asset sell-off.
• The drop came after what’s been described as its “steepest monthly decline since mid-2021,” with BTC shedding more than US $18,000 in November alone.
• Some recent data shows signs of a rebound — the price has recovered somewhat, trading near US $89,000–$92,000, though volatility remains high.
Why is BTC Falling (and What’s Pressuring It)
• Mixed investor sentiment: rising economic, credit-market and macroeconomic uncertainty have triggered a risk-off mood, pushing money out of high-beta assets including crypto.
• Profit-taking & liquidity constraints: After recent highs (well over US $120,000), many long-term holders took profits, and the market’s capacity to absorb big sell orders is weaker now.
• ETF outflows and institutional pullback: Recent outflows from Bitcoin-linked ETFs contributed to pressure on BTC’s price.
Key Support & Resistance / What to Watch Next
• According to a recent forecast from one data provider, BTC might trade between ≈ US $88,600 and US $94,200 this month under neutral-to-bearish conditions.
• On the upside — if investor sentiment recovers and liquidity improves — crossing US $94,000–95,000 could open room for a bounce toward US $100,000+. Some optimistic analyst models still point higher.
• On the downside — if risk-off continues and demand remains weak — support zones near US $85,000–88,000 may be tested again. 
My View: Short-Term Caution, Medium-Term Opportunity
Bitcoin is in a correction phase now — pressured by macroeconomic headwinds, profit-taking, and waning risk appetite. The near term looks choppy: we could see more volatility around the $85,000–90,000 range.
However, if macro conditions improve, or institutional demand resurges, BTC may rebound toward the upper end of its range. For investors — this could be a “buy-the-dip / hold and wait” window.#BTC #BinanceBlockchainWeek #CPIWatch #BTC86kJPShock
