Bitcoin Price Drop Prediction: Analyst Warns of Potential Plunge to $96,000

An unnamed analyst has issued a warning about potential Bitcoin price decline, predicting a drop to as low as $96,000. This prediction is based on technical analysis, which suggests a bearish trend impacting market strategy and trader outlook. 💰 While the market faces volatility, institutional activity remains strong with major investments like Strategy’s $1.4 billion Bitcoin purchase and Metaplanet’s $481 million investment.