Will Bitcoin Fall Below 90 Thousand Dollars? This Is Not Important for the Rise! - Coin Bulletin

**Analyst said that emotions will reset at 90,000 dollars for Bitcoin (BTC) and it is insignificant whether this level can be maintained or not, the price can enter an uptrend in any case.

Crypto analyst Bob Loukas's prediction on social media platform X suggests that Bitcoin is entering the final stage of its weekly cycle, with market sensitivity almost completely neutralized, and Bitcoin may be approaching the bottom of the correction process. However, there is a risk of dropping below the 90,000 dollars level during this process.

Bob Loukas noted that Bitcoin is approaching the final stage of its 60-day and weekly cycle. According to Bob Loukas, as Bitcoin nears the end of the correction process, market sentiment has significantly neutralized for investors. However, the real question is whether the $90,000 level can be maintained.

Bob Loukas used the expression "The real question is whether the bottom of the range, $90,000, can hold or not. It doesn't matter, market sensitivity gets reset in any case." regarding the subject.

Pay attention to altcoins for the last 10 days of Bitcoin

Bob Loukas emphasized that Bitcoin is in the 50th day of its weekly and 60-day cycle, and highlighted that there is continued activity in altcoins during this period. He pointed out that Bitcoin's performance in this cycle is also reflected in beta movements in the altcoin market.

Bob Loukas, indicating that investors in the cryptocurrency market, especially altcoin investors, need to closely monitor Bitcoin's $90,000 resistance level, pointed out that a new uptrend could begin after the complete reset of market sensitivity.