BTC price dips under $84K as Bitcoin faces ‘pivotal’ week for 2025 candle

Bitcoin (BTC) fell below $84,000, marking daily losses over 7%, driven by selling pressure from Wall Street and bearish developments in Asia, including Japan hiking interest rates and thin liquidity. This drop occurred just as the US Federal Reserve concluded its quantitative tightening (QT) run. Analysts suggest the coming sessions are pivotal in determining if BTC can end 2025 positively, depending on liquidity conditions and flows related to Strategy selling its treasury holdings. While some traders noted bearish signals like a negative Coinbase Premium, others, like Michaël van de Poppe, viewed the price below $90,000 as a "massive opportunity" to accumulate cheap positions, anticipating a bottom formation that could lead to ETH outperforming.

(Source：Cointelegraph)