Because ETFs have a significant impact on #BTC, they are strongly correlated with U.S. stocks. We are currently still in a bull market cycle; however, previous comments from Trump supporting cryptocurrencies and the Fed's hawkish statements have suppressed the rise of Bitcoin.
Bitcoin has support at 92,000, but it hasn't formed an effective reversal and may dip to 90,000. Since it has come down, it will need time to digest the previous bubble.
The season for altcoins is really about to arrive!
