"Bitcoin ( ) is trading at a make-or-break level as traders debate whether support at $95,000 holds or cracks toward $80,000. The market's been choppy lately-lots of profit-taking and institutions playing it safe after a strong year that peaked around $126,000. Trading volume's climbing and volatility's back. Now, Bitcoin is caught between long-term holders digging in, ETF flows that could go either way, and macro forces nobody can predict. So the big question: does Bitcoin find its footing above $95K, or does the floor give way?"
"Bitcoin's had a rough month. After reaching an all-time high of $126,000 in early October , BTC slid back to the $100,000 range-wiping out nearly 20% from the top. Things got worse when institutional players like BlackRock started trimming positions after the Federal Reserve signaled slower rate cuts ahead. The past week saw Bitcoin drop about 8.9%, but here's the interesting part: daily trading volume jumped 18% to over $70 billion. That's not people quietly stepping away. That's active selling."
Bitcoin is trading near a critical $95,000 support level after a volatile period of profit-taking and institutional caution following a peak near $126,000. BTC lost nearly 20% from the October high and dropped about 8.9% in the past week while daily volume rose 18% to over $70 billion, indicating active selling. The market recently broke below $100,000 and tested $98,500 before settling on $95,000 as a key floor. If $95,000 fails, traders expect a move toward $80,000. Long-term holders remain largely in place, and ETF flows plus macro factors will shape the next move.
Read at 24/7 Wall St.
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