🔥 Is #bitcoin losing its “digital gold” shine? What’s really happening in this downtrend?
After failing to reclaim the $94,700 level last week, $BTC slipped another ~1.68% from its overnight high and is now trading around $86.160
📉 The broader market followed suit:
• The CoinDesk Index is down 1.6% since 00:00 UTC
• Meanwhile, Bitcoin dominance is rising, highlighting the continued underperformance of altcoins
🚧 From a technical perspective:
To break the downtrend and kickstart a meaningful recovery,
👉 BTC needs to reclaim at least $95,000
👉 Ideally $98,000 to fully regain bullish momentum
Can Bitcoin reclaim its leadership role before year-end?
Or is this just another test of conviction for long-term holders?
💬 Which scenario are you leaning toward?
🚀 A strong year-end rebound
🧊 Or more sideways-to-weak price action?
#BTC #CryptoMarket #TrendingTopic #CryptoTrends
