Bitcoin has suffered another setback, market sentiment is low, and $92,000 is the key!

On January 7, Bitcoin fell below $100,000, marking the third decline in a month.

This wave of decline has triggered panic in the market, with a surge in social media activity and spreading fear.

Nonetheless, the potential for a market surge following Trump's inauguration might drive a rebound in Bitcoin.

Market sentiment is low, but the 30-day MVRV ratio shows that short-term holders are at a loss while long-term investors are buying the dip, open contracts are decreasing, and speculative interest is waning.