It looks like Bitcoin is struggling to maintain the $90K level, with ETF outflows and US tariff concerns adding selling pressure. The market had a brief recovery above $95K but formed a double-top pattern, which typically signals a decline. Institutional investors are pulling back due to macroeconomic uncertainties, and ETF outflows have been negative for four straight weeks.
On the bright side, long-term forecasts for Bitcoin remain bullish, with predictions ranging from $160K to $180K by late 2025. Meanwhile, the broader market is recovering from the recent $1.4 billion Bybit hack. Show Less
