$BTC | Struggling to Hold Above $90K! Bitcoin dipped below $89,000 and rebounded to the $90,000 level. Buyers are testing the lower bands on each dip, but pressure remains heavy. As holding above $90,000 becomes more difficult, market confidence is weakening. BLACKROCK SELLING $BTC BTC GRAYSCALE SELLING BTC WINTERMUTE SELLING BTC With major players continuing to sell, there is no reason to expect this corrective move to be permanent just yet.#BTC90kBreakingPoint #BTC90kBreakingPoint Note: This content is not investment advic
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$BTC Bitcoin slipped below US $90,000 today for the first time in about seven months.
The drop comes amid a broader crypto market sell-off and risk-off sentiment in global markets.
From its October peak of around USD 126,000, $BTC has lost about 30% of value.
Key triggers: uncertainty over future US interest rate cuts, institutional investors exiting positions, technical support levels giving way.
A positive spin: Some analysts consider the current correction as a potential buying zone, citing extreme fear and liquidation of leveraged longs.
On the flip side: Market watchers warn of further downside risk — next support levels may be in the US $75,000 region if volatility remains high. #BTC90kBreakingPoint #AITokensRally