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Crypto Prune > Market > Bitcoin has fallen in love with $90,000, what will happen next?
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Bitcoin has fallen in love with $90,000, what will happen next?

2 months ago 2 Min Read

Bitcoin (BTC) price has been around $90,000 for the past seven days. Although it threatened to approach 95,000 at the beginning of last week, supply forces quickly gained the upper hand and the digital currency fell again.

As of this writing, as seen in the CriptoNoticias price calculator, Each Bitcoin trades for approximately $90,600.

The following chart provided by CoinGecko shows the price of BTC over the last week.

And what will happen to Bitcoin in the future? Opinions are divided. If we rely on historical patterns Governed by a cycle marked by a half-life, 2026 should be a bearish year.

Willy Wu, a professional trader and market analyst, is among those supporting the bearish theory and does not believe Bitcoin will break the “rules” in 2026.

For Wu, the idea that Bitcoin’s four-year cycle is no longer valid is “not supported by data” and goes beyond the hopes of many investors.

Investment fund manager Bill Miller IV, on the other hand, takes the opposite position from Wu when it comes to expectations for Bitcoin’s price. Miller believes Bitcoin is poised to hit new all-time highs.

“Personally, I expect Bitcoin to break above all-time highs,” Miller said recently. In his opinion, the price decline after Bitcoin reached a new record of $126,000 in October is not a cause for concern.

In the midst of this uncertain scenario, The $90,000 area serves as a key level that defines short-term trends.

While the market is torn between the validity of historical patterns and institutional demand, expectations are focused on whether Bitcoin can defend this support.

See also  “We want to build the most valuable company in Argentina”: Leonardo Rubinstein

The digital currency’s next move will be crucial in confirming whether the cyclical caution suggested by Wu prevails or, conversely, whether the market is strong enough to push toward new highs, as Miller predicts.

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