Bitcoin (BTC) snapshot

Price: ≈ $86.5 k (-0.8 % overnight)

Sentiment: “Extreme fear” (index 16); $293 M in leveraged longs liquidated in 24 h

Macro driver: Traders eye 19 Dec Bank-of-Japan rate hike—past hikes have triggered 20-30 % BTC drops

Tech signal: Broken parabolic arc raises risk of deeper fall toward $70 k or lower if $85 k support fails

Supply: 95 % of 21 M cap already mined, limiting new seller flow

Bitcoin is consolidating just under psychological $90 k support; a big surprise could quickly push it to the $70 k zone, while upside needs a daily close above $94 k to restart momentum.

#CryptoRally #BTC

BTC
BTC
85,687.09
-3.46%