💥 Bitcoin price drops below $90,000 for the first time in 7 months!
Main reasons for the decline:
📉 After rising more than 50% since October, the market is prone to a natural correction.
💸 Large financial outflows from Bitcoin funds recently increased selling pressure.
⚠️ Previous support levels at $95,000 did not hold, and breaking them caused panic selling among technical traders.
😨 The Fear & Greed Index shows "Extreme Fear" today, indicating that the majority of investors are in an emotional selling position rather than a cautious buying stance.
