Bitcoin has experienced a significant drop, falling over 13% from its recent peak. Now, Bitfinex Alpha, a market analysis service from the leading digital asset exchange, is offering a crucial prediction: a potential Bitcoin bottom between $93,000 and $95,000. This projection comes after the cryptocurrency witnessed substantial price volatility as investors seek to navigate through the dynamic crypto landscape. [1] Bitfinex’s report highlights the recent downturn and provides a specific range for potential support levels that could signal a reversal in market sentiment. [2] [3] The analysis draws upon a combination of technical indicators, on-chain data, macroeconomic factors, and derivatives market trends to understand and predict potential price shifts.