$BTC

BTC

92,553.57

+2.59%

has fallen sharply from its October 2025 peak above ~$126,000, dropping over 20 % to under ~$100,000. The decline has been driven by macro headwinds: drying liquidity, a strong U.S. dollar, and the fading expectation of imminent rate cuts by the Federal Reserve. On the positive side, some signals are turning: large‐holders (“whales”) are accumulating, and one firm estimates Bitcoin is now undervalued relative to gold, hinting at upside potential. Technical support is now around the ~$90,000–$95,000 area — a break below may trigger a deeper correction, whereas a solid hold could set the stage for recovery. In short: risk remains elevated, but the setup may be turning from breakdown to consolidation.