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Bitcoin dips below $94K level, bears now in control?

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin's price dropped below $94,000, down from its all-time high.
  • Bearish signals, like a Taker Buy-Sell Ratio below 1 and rising USDT dominance, suggest a potential price correction towards $80,000.
  • However, positive perpetual futures funding rates offer some counter-indication.
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BTCUSD price history

76011.71 +15.63% over the displayed period

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