Bitcoin has dropped below $90,000, reaching a critical support level at $89,700. Analysts are divided on the cryptocurrency's next move, with some forecasting further declines to $88,000 or even as low as $74,000–$80,000. However, a potential rebound is possible if Bitcoin manages to climb back to the $90,000–$92,000 range. While the majority of market analysts maintain a bearish outlook, a few suggest that a recovery could occur if Bitcoin surpasses $97,000.