Bitcoin Fell Below $95,000; Analyst Target $84,000

Bitcoin Market Drop Started

In recent weeks, expectations have declined, and Bitcoin fell below $95,000 during the U.S. stock market close on Friday, reaching its lowest level of the session.

This pullback in the market has been linked by analysts to a "information vacuum" and decreasing hopes for Federal Reserve interest rate cuts.

Downward Target

According to the financial manager of Ledn, this drop indicates that the next downward target has been set at $84,000.