BTC UPDATE | The market experienced an unexpected fall of up to 14% yesterday, marking the largest drop in several months. This correction was quite necessary due to the continuous market pump driven by the US election, which had started creating significant liquidity on the downside that needed to be complete earlier.

Recently, the market broke its all-time high and created a new POI around 94k. However, after completing the POI zone, the market formed a significant wick below it. Currently, it seems to be moving towards 101k.