Well, as it crumbles, so it will bounce back. For "altruists" it is good when Bitcoin drops. The money pulled out from the falling Bitcoin needs to be put somewhere, after all, you can't just stuff it in a bag?

Bitcoin: The New Year doesn't smell like a pump, but $90,000 is already in sight! 🎄📉

It seems that the "bulls" are tired and are now giving ground to the "bears". 🐂➡️🐻

What has already happened?
1. Historical maximum 📊:
On December 17, Bitcoin on the Bitstamp exchange soared to an incredible $108,446. Everyone was shouting: "Hooray, a new maximum!" 🎉 But the joy was short-lived - the price fell by 15%. 💥
2. Broke the bottom (almost):
Bitcoin bounced off the $92,000 mark, but the "bulls" did not have enough strength to hold on to the initiative. Now it is fluctuating around $97,000, but the resistance in the $97,500–$99,800 zone has become a real "wall". 🧱
3. Bearish trend:
Bitcoin has broken the uptrend line and seems to continue to fall until it reaches $90,000. As they say, New Year - new prices, but not the ones we expected. 😅

Why is it falling?
1. Overheated market 🔥:
Owners of almost 1.2 million BTC bought coins for around $117 billion, and now it is profitable for them to sell. And buyers are in no hurry - trading is weak. 😴
2. Outflow from funds 💸:
Bitcoin ETFs (this is like crypto-based stocks) have started to lose money. In two days, $957 million has gone - this is as if half the city handed over their smartphones to a pawnshop. 📉

📌I can just imagine how the altcoin will crumble 🤨