$BTC Bitcoin closed the gap at $97,500 – and now the eye is on the level of $92,000.

But here lies the danger: dropping to $92,000 is an adventure. If the market does not react quickly and intelligently, we may witness a deeper correction targeting the entire growth range from $86,000 to $96,000. This means a potential drop to $86,000-$89,000.

In the meantime, altcoins are suffering under Bitcoin's high dominance. Any drop in Bitcoin could impact altcoins more strongly, making it a difficult period for many.

But don't lose hope – this is just a phase. The altcoin season is coming