Bitcoin Plummets Below $90,000: A Look at Market Trends and What They Mean

Bitcoin’s recent price decline has sent shockwaves through the crypto market. Following a steep fall from its all-time high of $126,000 to under $90,000, concerns about entering a bear market are mounting. However, data paints a more complex picture, highlighting potential for rebound and long-term bullish momentum. The article dives into the key factors behind this downturn: the impact of recent exchange liquidity changes, the role of institutions in the market, and their perspective on Bitcoin’s future.