Derived from CoinEdition, Bitcoin dropped below $90,000 amid accelerated liquidations and $903 million in ETF outflows on November 20, triggering panic selling. Ethereum also suffered, with eight consecutive days of ETF outflows and a near 42% decline from its highs. Analysts, including Rekt Capital and Lark Davis, suggest Bitcoin’s price behavior aligns with historical cycles and that the long-term bull trend remains intact despite short-term volatility. Davis noted that ETF inflows continue to absorb selling pressure and that improved liquidity from central bank policy easing could fuel a Bitcoin rally.
Bitcoin Falls Below $90K Amid ETF Outflows, Analysts Say Bull Market Intact
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