Bitcoin fell below 93 thousand dollars, dip levels are expected.

Bitcoin has fallen to a new six-month low, trading below $93,000. This effectively wipes out all gains for 2025 and is %27 down from the peak level in October. Stronger-than-expected economic data has further weakened Federal Reserve rate cut expectations.

Analysts suggest that comments made by Bitfinex indicate that panic selling by short-term investors may lead to the formation of a local bottom soon.