Bitcoin’s recent dip below $90,000 has sparked debate among analysts regarding its next price movement. While some anticipate greater dips, others believe a bullish bounce is possible. The asset currently trades at around $89,700, with analysts citing support cluster levels as potential catalysts for future action. Several prominent voices predict Bitcoin will drop further before rebounding. 5th wave and C wave targets suggest the price could fall to $90,000 or $88,000, after breaking below standard wave points. On the other hand, a few analysts have expressed bearish expectations, predicting a potential plummet to the $74,000-$80,000 range and even further into bear territory. These predictions are based on a loss of bull macro support. Meanwhile, some analysts expect a more optimistic scenario – a bounce back within the $90,000-$92,000 range. The market awaits to see which direction Bitcoin will ultimately take.