Bitcoin (BTC) has dropped below $90,000 for the first time in a month, breaking out of its recent trading range, according to QCP Capital. The market update attributes this weakness to US President Donald Trump's new trade policies, which have raised economic uncertainty and affected trading in risky assets. QCP also notes that recent Bitcoin demand has been influenced by institutional investors, but warns that this funding source may be approaching saturation, potentially limiting further institutional demand. With support levels shaky and institutional buying momentum slowing, QCP is cautious about Bitcoin's short-term outlook. The next few days will be crucial in determining whether Bitcoin will break above $90,000 or continue its downward trend.



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