Bitcoin Plunges to Six-Month Low, Analysts Debate Bullish Turn

Bitcoin recently plummeted to a six-month low around $95,000, sparking mixed reactions from analysts about the cryptocurrency’s future. Key figures in the industry are analyzing market dynamics amidst significant institutional outflows and changes in on-chain activity. This decline has influenced broader market sentiment, with potential shifts in the balance of power amid ongoing macroeconomic and regulatory uncertainties.