Bitcoin Falls Below $90,000 as Analysts Flag Potential Correction to $80,000

Bitcoin dropped below $90,000, prompting analysts to assess whether a deeper pullback is underway. Veteran analyst Peter Brandt identified a broadening formation pattern and suggested the recent rally to $94,000 may have completed an upper retest, with potential downside targets at $80,200. U.S. spot Bitcoin ETFs recorded positive inflows in eight of the last ten trading sessions following a month of net withdrawals.