1. Reduced expectations for an interest rate cut in the United States
There are strong indications that the market is no longer certain about a near-term interest rate cut, which reduces the positive momentum for high-risk assets such as cryptocurrencies.
2. Increased economic environmental risks (Risk Aversion)
Wider financial markets (stocks, technology) are experiencing a downturn, and it seems that investors are becoming more cautious.
3. Selling from long-term holders
Some analyses suggest that long-term Bitcoin holders have started selling, which may be a sign of weakening confidence.
4. Center and speculation filtering
With increasing doubts, there is a possibility that leveraged positions may continue to be liquidated, increasing downward pressure.
5. Bad technical and economic news
Some experts believe that there is a correction that may extend to lower levels — for example, an analysis suggests that Bitcoin could reach around $80,000 in a bearish scenario.
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✅ But there are factors that may limit the decline or create a rebound:
Some analysts say that the market may be in an oversold area, which could support short-term rebounds. >>
There are opinions in forums indicating that fear is very high currently, and it may be an entry point for some investors.
It is possible that some liquidity may re-enter if some see this decline as a long-term buying opportunity.
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💡 Proposed expectation (realistic scenario):
Near term (weeks): Likelihood of further decline if the increase in risks continues and expectations that interest rates will not be lowered soon.
Medium term (several months): If the market stabilizes or if some investors start buying from the lows, we may see a rebound or partial stabilization.
If economic news changes (such as the announcement of bad data about the US economy or strong signals from the Fed): we may see a strong reversal or additional decline depending on what is expected from monetary policy.
