Bitcoin Plunges Below $85K as Analysts Split Between Bearish Doom and Hopeful Rebounds

Bitcoin’s price has fallen below the crucial $85,000 mark, leaving analysts divided. Some predict further downturns towards the $70,000 level, while others remain optimistic about a potential rebound to $130,000 or higher. The market reflects a volatile period marked by shifting macro forces and waning momentum indicators. 50% of traders are expecting a deeper dip, while 50% hope for recovery.