Bitcoin's price experienced a significant drop of 8%, following a rally that almost touched $99,690 on November 22. This correction has brought BTC down to a potential swing low at $92,620, a 7.09% dip from recent highs.
Investors are keenly watching the market to determine if Bitcoin can recover and push past the $100,000 mark, or if it will persist in its downward trajectory. The broader market sentiment remains cautious.
