Due to the significant impact of ETFs on BTC, it has a strong correlation with U.S. stocks and is currently still in a bull market cycle.
However, previous statements by Trump supporting cryptocurrencies and the Federal Reserve's hawkish remarks have suppressed the rise of Bitcoin.
Bitcoin found support at 92,000, but has not formed an effective reversal and may drop to 90,000. Since the price has already fallen, it will need time to digest the previous bubble.
Meanwhile, it seems that the peak season for altcoins is about to arrive.
