Bitcoin's price continues to struggle as the asset drops below the support threshold of $94,000. 🌊 This occurs against the backdrop of the crypto community shifting its perspective on the current rally and whether it will end soon.

BTC had previously surpassed $102,000 on Tuesday, but quickly plummeted after the U.S. jobs report, losing value below $97,000 in just one hour. Currently, Bitcoin continues to decline below $94,000, the lowest level since January 1.

Altcoins are also affected, with ETH dropping below $3,300 and BNB losing the $700 mark. The total market capitalization of crypto has lost nearly $400 billion in the past 36 hours.

Expert Ali Martinez warns that if Bitcoin falls below $92,000, it may continue to drop further, with the next support level at $74,000. 📉