Is a Bitcoin Pullback to $85K or Even Lower Possible?

Bitcoin is currently trading at $96,340, according to CoinMarketCap data, with traders divided over its next move.

Crypto analyst AlejandroBTC recently noted that Bitcoin’s current trajectory "kinda looks like we’re heading for $85K."

Arthur Hayes, co-founder of BitMEX, has an even more bearish outlook, predicting BTC could drop to $70,000-$75,000, which he believes could trigger a "mini financial crisis."

Meanwhile, trader Mister Crypto said that $90,000 would be his cue to open another major trade, while Donny emphasized that the next few weeks will be crucial in determining Bitcoin’s direction.

Watch out! 👀 #btc #BinanceSquareBTC