Bitcoin has experienced a significant decline below the crucial support level of $96,000, triggering widespread bearish sentiment in the market. This critical drop raises concerns about the future trajectory of the cryptocurrency’s bull cycle, as highlighted by analysts and industry experts. 📈 📉 The downturn coincides with substantial outflows from institutional Bitcoin funds and products, suggesting a shift in market dynamics. 👀 💼 Market participants are closely observing the volatility, questioning the sustainability of the current bullish trend. 🤔 Satoshi-era whales and prominent investors like Michael Saylor have been observed selling large portions of their holdings, adding further fuel to the bearish narrative. The impact on investment strategies is undeniable. 💰 To understand these evolving dynamics, we need to delve into past market cycles for insights. Past events, including the Bitcoin price drops in 2013-2015, provide a glimpse into potential scenarios, but this time, lower volatility suggests different market forces at play. 🤔 The coming weeks will be crucial as the impact of these recent shifts unfolds. ⏳ It remains to be seen if the decline continues or if Bitcoin experiences a sudden rebound. 🤔 For those navigating the cryptocurrency world, it’s essential to stay informed and consult with financial advisors for personalized guidance. 🤝