Bitcoin (BTC) has decisively broken below the psychologically significant $90,000 level, reaching a six-month low under $81,000.
According to analyst CryptoOnchain, this breach signals a new corrective phase for the digital asset, with their assessment now pointing toward a critical test of the $70,000-$73,000 support zone as the next major battleground for market direction.
A Market in Correction
The decline has been sharp, with Bitcoin’s value falling roughly 17% over the past month and over 6% in the last 24 hours alone, based on recent data from CoinGecko.
This drop pushed the asset to levels not seen since April, triggering substantial market liquidations. The selling pressure was amplified by activity from long-term holders, with analytics firm Arkham revealing that an early Bitcoin adopter, Owen Gunden, moved $230 million in BTC to the Kraken exchange.
This was part of a larger sell-off that saw the entity dispose of 11,000 BTC, worth $1.3 billion, since October, introducing
We współpracy z: https://cryptopotato.com/bitcoin-loses-90k-support-as-on-chain-data-hints-at-70k-next/
