#NFPCryptoImpact $BTC

BTC price fell sharply again today, reaching $93,000 amid intensifying market pressure.

This decline occurred after Bitcoin briefly topped the critical $100,000 level, but failed to maintain bullish momentum due to a combination of selling pressure from short traders and macroeconomic concerns.

With a double bottom pattern starting to form at $90,000, analysts are projecting a potential trend reversal, but the risk of further declines remains if this support fails to be maintained.

What are the prospects for BTC's next movement? Let's take a look at the analysis.

Bitcoin Price Drops 1.43% in 24 Hours

Still in a downward trend, as of today, January 10, 2025, the price of Bitcoin has experienced a correction of 1.43% in the last 24 hours. It is now trading around $93,325 or equivalent to IDR1,520,956,043 in the last 24 hours. BTC's current low and high are Rp1,490,338,776 and Rp1,549,517,711.

Based on CoinMarketCap data, Bitcoin's market cap has now reached $1.84 trillion, with a daily trading volume of $61.52 billion, down 5% in the last 24 hours