Why Did Bitcoin Drop to $92,000?

Bitcoin recently approached the $100,000 mark but soon experienced a sharp decline. The primary reason was mass sell-offs by long-term investors (holders) who have owned BTC for over six months. They started selling at the peak, increasing market pressure.

⚙️ Key Factors:

➡️ Sales by Long-Term Investors: Approximately 366,000 BTC were sold — the highest since April 2024.
➡️ Spot ETFs: Helped partially stabilize the market by absorbing sell pressure.
➡️ General Market Decline: Reduced risks associated with excessive leverage.

Large transactions, such as MicroStrategy’s purchase of 55,500 BTC, did not trigger growth but instead added to the pressure.

❗️The decline is a market correction that does not hinder long-term development.