17.10.2025 11:28
Drawing from various online sources, a significant downturn has gripped the cryptocurrency market as Bitcoin's value faltered. Following a rejection at the resistance level situated above $116,000, a palpable shift in market sentiment has occurred, with bears appearing to assert dominance. This downturn initiated a broader market correction, and after shedding the $110,000 mark, the downward momentum accelerated substantially with a decisive breach below $105,000. Investors and analysts are now meticulously scrutinizing on-chain transactional data, the intricacies of derivatives market positioning, and prevailing macroeconomic indicators, seeking any nascent signals that might foreshadow an impending major bear market.
