【Analyst: If Bitcoin fails to hold the $90,000 support level, it may further decline in the short term】Golden Finance reports, according to Cointelegraph, that Bitcoin has dropped to an intraday low of $92,500. Analysts warn that if the $90,000 support level is not held, the price may continue to decline in the short term. Burkan Beyli, co-founder of Biyond, stated in an interview that if Bitcoin falls below $94,000, the next target is to drop to $81,000 within five weeks. To achieve this bearish scenario, Bitcoin needs to close below $95,180 next week. When the CPI data is released, bears may take action. Overall, I maintain a bearish outlook on cryptocurrencies in the short term (within 4 to 5 weeks), but I remain bullish in the long term, as I expect the DXY to correct after Trump's re-election.

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