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Bitcoin has recently dropped below $BTC 90,000, showing signs of weakening investor confidence. Reuters
Some analysts suggest this could be part of a broader corrective phase, especially with macro uncertainty lingering.
A strong bounce from $94K–$90K range could set up a recovery trade. Watch for clear bullish signals (e.g. volume surge / consolidation breakout) for a long entry.
Bearish Viewpoint: If $BTC fails to reclaim its 200-day MA and breaks below $90K decisively, it may confirm deeper correction. A short or cautious approach may be considered, with a stop-loss above the broken support.
Some analysts believe this downturn could just be a “correction in a larger bull cycle,” and long-term traders may watch for accumulation opportunities.
Market mood is increasingly risk-off: institutions and investors appear cautious, and $BTC recent drawdown is being fueled by profit-taking. Reuters
On-chain metrics and new research (via machine learning models) suggest that despite short-term weakness, the potential for long-term gains remains
Conclusion: Bitcoin is at a critical juncture. Near-term price action will likely be determined by whether buyers defend the $90K–$95K zone or whether sellers push BTC significantly lower. Traders should remain alert for both breakout and breakdown scenarios, and consider flexible trade plans depending on volume and macro cues.