Bitcoin has erased all its gains from the start of the year and dropped below $92,000. Altcoins are also suffering, raising concerns about whether the bull market has been halted. Bitcoin reached an all-time high in December but has been on a bearish trajectory since then. The rejection at $100,000 caused a significant drop, and analysts warn that Bitcoin could fall even further below $90,000 and $80,000 in the coming weeks. However, some remain bullish, stating that Bitcoin is consolidating and is currently a buying opportunity for the next upward movement.



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