🔥 BTC Update

Bitcoin down -2.74% in just 1 hour → short-term bearish pressure is still felt.

But behind the correction, the big narrative is not dead.

📉 Short-term Pain

Price dropped from $92,452 → $89,922

MACD becoming more negative → momentum still weak

Macro factors are also holding back (Japanese interest rates rising extremely)

🏦 Big Picture Bullish

OCC starts to pave the way for crypto banks (BitGo, Fidelity)

Fed stops QT + injects liquidity $13.5B

Fidelity: BTC is still in wave 5 of growth, potential peak $151K

⚠️ Risk Notes

65% of companies holding BTC are still in floating loss

Corporate demand in Q4 is projected to weaken

Global liquidity is still fluctuating

📌 Conclusion:

The market is shaking, traders are panicking, institutions are getting ready.

Short term volatile, long term thesis still intact.