$BTC Bitcoin’s price has dropped significantly in recent weeks, falling below $90,000 USD.

It is now down by about 30 % from its early-October high near $126,000.

🔍 Why this is happening:

There’s strong selling pressure, including large margin liquidations.

The broader crypto market is facing a correction, and Bitcoin is not immune.

Technical indicators are showing warning signs (e.g., the “death-cross” pattern) suggesting the downtrend may continue.

📌 Key levels to watch:

Support could be around $84,000-$86,000.

Resistance is near $92,000-$100,000, which Bitcoin needs to reclaim to signal any meaningful recovery. #BTCRebound90kNext? #USJobsData #CryptoIn401k #TrumpTariffs #BinanceAlphaAlert

BTC

92,178.81

+2.03%