$BTC Bitcoin recently plunged from six-month highs into a sharp risk-off move as global markets turned defensive — driven largely by a hawkish Fed tone and broader equity sell-offs — which knocked BTC down into the low-$90k range and briefly below $90k on Nov 18.
Implication: until macro risk appetite stabilizes (or the Fed signals a clear pivot), BTC is vulnerable to further downside on volatility spikes — traders should watch macro headlines and US rates for near-term direction. $BTC
2) On-chain & institutional flow picture (short)
Despite price weakness, on-chain data and institutional activity show whale accumulation and falling exchange reserves, a structural signal that supply is tightening even while spot demand has softened — a sign institutions may be adding beneath the volatility.
At the same time, ETF flows are mixed: some bitcoin ETF products have seen outflows recently while alternative crypto ETFs (e.g., Solana) picked up flows, so short-term price moves are being amplified by reallocations among funds. That makes BTC more sensitive to ETF flow swings in the near term.
#BTC90kBreakingPoint #USStocksForecast2026 #MarketPullback
