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>>Bitcoin slips to $91,500 as analysts argue whether it’s a brief bounce or the start of accumulation.

Bitcoin slips to $91,500 as analysts argue whether it’s a brief bounce or the start of accumulation.

crypthub

2 days ago

Bitcoin Price Fluctuation on Jan. 6

On January 6, Bitcoin surged above $94,000 before slipping back to $91,500, a drop of more than 2%. The reversal prompted $96.5 million in long liquidations and pushed the overall cryptocurrency market capitalization down by $70 billion. Although some analysts dismissed the rally as a “dead‑cat bounce,” institutional investors poured $1.1 billion into spot exchange‑traded funds, and accumulation metrics indicate continued buying pressure.

Bitcoin slips to $91,500 as analysts argue whether it’s a brief bounce or the start of accumulation.

Bitcoin Price Fluctuation on Jan. 6

Bitcoin Price Fluctuation on Jan. 6