Bitcoin price is less than $ 88,000. “Don’t buy a decrease yet,” one analyst – DL News warns

Bitcoin fell 9 % on Tuesday to trading less than $ 88,000 for the first time in 2025.

The decline in prices has called for the usual warning sirens for “Buy The Dip”, but some market analysts say that investors should not take the taste, at least not yet.

“Do not buy a decrease yet,” Jeffrey Kendrick, the global head of digital asset research at UK Bank Standard, wrote in a note on Tuesday.

Kindrik warned that bitcoin may not be a bottom yet and that the move to the “low 1980s” was likely.

Bitcoin was traded at $ 89,400 as of the time of reports.

Market monitors like the co -founder of Bitmex Arthur Hayes The expected bitcoin can drop to It is $ 70,000.

For investors who want at the time of the market, Kindrik said that the Bitcoin box flows on the stock exchange may provide some evidence.

“Before buying an attractive decline, I think we are getting one day of ETF to flow,” Kindrik said in the note.

The worst day was in Bitcoin ETF external flows on December 20, when it saw $ 680 million in external flows. External flows have been operated by Federal Reserve Chairman Jerome Powell, indicating a slowdown in the interest rate reduction schedule.

Investors have withdrawn 1 billion dollars From Bitcoin’s investment funds in the last trading week, with half of this amount occurred on Monday.

With Bitcoin less than $ 90,000, most ETF buyers lose great losses. This is because the majority of Bitcoin ETF investors have bought shares of different funds at the rate of Bitcoin price of $ 96,500, according to Kindrik.

The low price of the bitcoin low price can forcing institutional players to re -balance and control their holdings, which in turn leads to the effect of snowball that leads to a further decrease in prices.

Market monitors say that a lack of a new narration to stimulate the investor’s interest in Bitcoin and Cryptocurrency also causes the market to decline.

Last week, JPMorgan Nikolaos Panigirtzoglou analyst said that cryptocurrencies had a weak demand from both retail buyers and institutions.

The report said that institutional investors were getting profits or lowering their losses in the absence of a new narration to stimulate the market growth.

However, the long -term Bitcoin attractive “is still strong”, according to Anthony Georgiades, founder and general partner at Crypto Venture Fund Capital.

Calculaive legal analysts foretold Bitcoin can reach $ 200,000 This year and 500,000 dollars by the end of US President Donald Trump’s second term.

However, investors may be in some short -term pain.

“The federal reserve policy and the broader market conditions may play a role in the Bitcoin movement, at least in the short term,” Georgiads said, Georgiads said. DL news.

Motors for the encryption market

• Bitcoin has made 7 % over the past 24 hours to reach $ 89.056.
• Ethereum decreased during the same period to circulate at $ 2,426.

What we read

Osato Avan-Nomayo He is a Nigeria -based Devi correspondent. It covers Defi and Tech. Do you have advice? Please contact it on osato@dlNews.com.