๐ Bitcoin Falls Below $90,000 โ Analysts Call It the Harshest Correction Since 2017
Bitcoin slipped over 4%, breaking below the key $90,000 level just a day after a brief rebound.
Ethereum dropped even harder โ down more than 6.5% โ losing its $3,000 support and dragging overall market sentiment lower.
K33 Research says this correction โ nearly 30% down in 43 days โ ranks among the most severe since 2017.
The main pressure comes from massive outflows in U.S. Spot Bitcoin ETFs, totaling over $2.3 billion in just five trading days.
Analysts warn that if BTC cannot hold above $90,000, it may retest the $84,000โ$86,000 zone, with a worst-case dip toward ~$74,400.
๐ญ What do you think โ a mid-term accumulation zone or more downside risk ahead? ๐
