Bitcoin is currently trading approximately 13% below its all-time peak of $126,000, sparking concerns among market analysts about a possible downturn. Technical indicators suggest that if crucial support thresholds fail to stabilize the market, BTC could experience a slide toward the $88,000 mark in the coming days. Traders are closely monitoring these key levels, which have historically acted as buffers against significant price corrections. Market sentiment remains cautious as volatility persists, with investors weighing macroeconomic factors and institutional inflows against potential sell-off pressures. Maintaining these supports is essential to avert a steeper decline and sustain the broader bullish trajectory observed in recent months.
