Summary of this article
Bitcoin dips below $95K amid continued market weakness.
Ethereum, XRP, Solana also show weekly losses, bearish trend.
Support holds $92K–$95K; potential recovery toward $102K.
Bitcoin continued its downward trajectory on Monday by slipping further below the $95,000 level and adding to the losses seen in recent sessions. The ongoing decline makes market sentiment subdued as major cryptocurrencies hover in negative territory.
At the time of writing, Bitcoin was trading at $94,903 after having dropped to $92,971 on Sunday. Bitcoin, which reached an all-time high of $ 69,044.77 in November, is now trading 24.84 per cent below that peak.
Ethereum was trading at around $3,182, down 0.80 per cent for the day and 11.67 per cent over the past week. Among other major assets, Tether slipped slightly to $0.9990. XRP was trading at $2.25, down 0.52 per cent in the past 24 hours and 8.36 per cent over the week. Solana dropped to $140, declining 0.82 per cent on the day and 15.73 per cent over the past week.
Experts Weigh in on Bitcoin’s Recent Downtrend
Edul Patel, CEO of Mudrex, said, “Bitcoin’s corrective move toward the $95,000 zone began in early November amid limited economic data, the Fed’s hawkish tone on December rate cuts, and continued ETF outflows.”
He also mentioned that Spot Bitcoin ETFs have seen nearly $2.33 billion in outflows this month, reflecting broader risk-off sentiment. However, signs of a reversal are appearing, with whales and market makers increasing long positions and aggressively buying the dip below $100,000.
Coinswitch Market Desk said that Bitcoin, after a period of consolidation, dropped below $100K but has since seen a partial recovery and stabilized in the $94,000–$95,000 range. The pullback was driven by long-term holders taking profits, slower ETF inflows, and temporary macro uncertainty. Until a strong macro trigger or fresh institutional flows emerge, Bitcoin can continue to go sideways. Traders should manage risk and wait for confirmed signals before entering new trades.
Bitcoin’s Future Outlook
While looking ahead, Edul shared his outlook on Bitcoin’s near-term support and potential recovery. He added: “For now, bulls must hold the $92,000–$95,000 support range. If this zone holds, a relief rally toward $102,000 is likely in the coming weeks. However, if selling pressure persists, Bitcoin may briefly dip below $90,000 before stabilizing and recovering.”
“Bitcoin is hovering near key support at $92,500–$95,500, with potential to rally toward $102,000–$107,000 if buyers regain strength. A drop below support could slide toward $89,000,” said Sathvik Vishwanath, Co-Founder & CEO, Unocoin.
