BITCOIN'S PRICE PLUMMETS: WHAT'S NEXT?

Bitcoin's price has taken a nosedive, dropping below $95,000 on Friday. The cryptocurrency's institutional demand has weakened, with a massive outflow of $671.90 million from Bitcoin US spot ETFs on Thursday.

TECHNICAL ANALYSIS SUGGESTS FURTHER DECLINES

Technical indicators are pointing to a continued downturn in Bitcoin's price, potentially reaching $90,000. The cryptocurrency's price has been volatile, and it's essential to stay informed and adapt to changing market conditions.

MACRO FACTORS EXACERBATE THE DOWNTURN

The Fed's rate-cut announcement has put pressure on Bitcoin's price, causing it to drop. The central bank's hawkish stance has led to a decrease in riskier assets like Bitcoin.

WHAT'S NEXT FOR BITCOIN?

As Bitcoin's price continues to fall, it's essential to stay informed and adapt to changing market conditions. Will the cryptocurrency's price continue to drop, or will it rebound? Only time will tell.#BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #USJoblessClaimsFall #GrayscaleSUITrust