$BTC has dropped more than 20% since October, falling toward $67K and hitting its lowest levels since August.
But what's really driving the sell-off?
🔥 THREE MAJOR FACTORS ARE IN FOCUS:
- IPO MONEY DRAIN: Anthropic's potential $64.4B IPO is reportedly 6x oversubscribed, raising questions about capital moving away from crypto.
- AI TRADE UNWIND: Analysts believe broader deleveraging across AI-related investments could be adding pressure.
- EXTREME MARKET FEAR: ETF outflows, heavy short positioning and macro uncertainty are weighing on Bitcoin.
📊 HERE'S WHAT MAKES IT INTERESTING:
Less than 45% of Bitcoin's active supply is currently in profit — a level that has historically appeared near major correction bottoms.
👀 THE BIG QUESTION:
Could this be another painful shakeout before Bitcoin's next major move?
One historical comparison suggests a potential recovery toward $90K by late February — but nothing is guaranteed.
🔥 ARE YOU BUYING THIS DIP OR WAITING FOR LOWER PRICES?
