$BTC Market Outlook Rephrased 💥📉

Bitcoin is entering a highly risky zone, and some analysts warn that a drop toward $50,000 is still possible. With the Federal Reserve’s upcoming rate decision creating uncertainty, the market is reacting with Extreme Fear 😨, pushing expectations of a deeper correction from the current price near $89,700.

Markus Levin from XYO highlights strong support “magnet zones” at $82,000 and $78,000 📍, where buyers might step in. But if BTC fails to rebound from these areas, the price could slide into the low-$70k range, and in a low-liquidity scenario, even a quick flash drop below $50k ⚠️.

Adding to the bearish tone, Georgii Verbitskii of TYMIO says the uptrend is broken. He believes that unless Bitcoin climbs back above $100,000, retesting lower levels remains very possible. Rising global inflation 🌍🔥, ETF outflows 📤, and overall weak market structure continue to pressure the price.

Even long-time bear Mike McGlone expects BTC to close the year under $84,000. $LUNA $LUNA2