$BTC
Bitcoin recently dropped sharply from its October peak — when BTC climbed past ~$125,000 — down to lows in the low $80,000s.
As of today, BTC has rebounded to ~$91,000 after a roughly 5% surge.
However, the rebound is occurring amid ongoing volatility and liquidity concerns, especially due to institutional outflows and macro uncertainty.
📉 What triggered the drop
November’s slide — a drop of over 20% — was fueled by forced liquidations, profit-taking by long-term holders, and a broader shift away from risky assets.
Outflows from major Bitcoin ETFs, which bought heavily earlier, have added selling pressure, weakening institutional support for BTC’s rally.
The uncertain macroeconomic environment — especially ambiguity around interest rates and global risk sentiment — further dampened investor confidence in cryptocurrencies.
🔄 Why the rebound matters
The recent bounce back above $90K suggests renewed buying interest and improved market sentiment.
Some analysts view this as part of a consolidation phase: after a sharp correction, the market may be stabilizing and forming a base for future moves.
If liquidity conditions improve — and institutional demand returns — Bitcoin could start gathering upside momentum again.
⚠️ What to watch near term
Resistance levels around $100,000–$110,000 remain significant; breaking past them could reignite a major bull run.
Analytics Insight
On the downside, a drop below support zones near $80,000–$85,000 could open the door to deeper corrections.