$BTC š Latest on Bitcoin (BTC)
ā¢ Bitcoin recently dropped sharply from its October highs, and overall the cryptocurrency market seems to be in a bearish phase. ļæ¼
ā¢ According to one recent report, some traders expect BTC could dip to below US$80,000 at the start of 2026. ļæ¼
ā¢ On the other hand, there are scenarios suggesting BTC might find support and stabilise; potential rebound zones around US$90,000āUS$95,000 remain under discussion. ļæ¼
ā ļø Whatās Pressuring BTC Now
ā¢ Weak demand for crypto-funds and outflows from ETFs have eroded some of the buying pressure. ļæ¼
ā¢ Broader macroeconomic and risk-off sentiment ā including rising bond yields and a cautious market ā is weighing on risky assets like Bitcoin. ļæ¼
ā¢ Some large holders are under stress, which raises concerns over possible forced selling if price falls further.#BTC86kJPShock #BTCRebound90kNext? #btc #WriteToEarnUpgrade
