Bitcoin's $90K Support Under Pressure, Potential Drop to $80K
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Support Pressure: Bitcoin's $90K support level is under threat due to $934 million in ETF outflows, and a breach could lead to increased market volatility, impacting major cryptocurrencies like Ethereum.
- Market Dynamics Shift: High leverage and ETF redemptions exacerbate Bitcoin's pullback risk, with experts predicting that if the $90K support fails, it could trigger widespread liquidation events, affecting investor sentiment and liquidity.
- Liquidity Challenges: A drop to the lower $80K range could spark further liquidity adjustments, as historical patterns indicate significant volatility spikes when major support levels are breached.
- Investor Strategy Reshaping: Changes in ETF liquidity and market leverage conditions may redefine investor strategies, posing critical challenges for short-term holders who must closely monitor market dynamics to mitigate potential risks.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






