đź’ˇStatus: Greed
đź“ŠValue: 71/100
Hello, traders and blockchain enthusiasts!
This week began on a tense note in the financial markets. Bitcoin has fallen aggressively from its recent levels, showing that buyers seem to be hesitant to pay prices above $100,000. The questions we are all asking are: how far will it fall, is this the start of a new downtrend or just a passing correction?
In my opinion, this drop could deepen before we see a real bullish reaction from buyers. Key levels to watch would be $95,000 and even $90,000, where we could see a possible reversal or at least a pause in the selling pressure. Historically, Bitcoin has shown great volatility in these types of scenarios, which presents opportunities for experienced traders, but also significant risks for those without a clear plan.
The connection to the stock markets
Many analysts link this recent fall of Bitcoin to the plunge in the US stock markets. The current nervousness seems to have its origin in an unexpected event: the irruption of DeepSeek, a Chinese startup that has launched its artificial intelligence model to the market, reportedly outperforming current versions of ChatGPT. This model is reportedly not only faster, but also completely free, which is putting a strain on the dominance of OpenAI and other U.S. technology companies.
The emergence of DeepSeek could destabilize the U.S. tech leadership, creating uncertainty among institutional investors. As expected, this lack of confidence in tech stocks has translated into aggressive selling on Wall Street, which in turn has affected the mood in the cryptocurrency market.
Is this the end of OpenAI's dominance?
The question of DeepSeek's impact goes beyond artificial intelligence. For many, it is a reminder of how global competition can change the rules of the game in a matter of days. The dominance of U.S. tech, which has been a cornerstone of market confidence, is now being challenged. This uncertainty could remain in the near term, and will depend on how OpenAI and other companies react to this new threat.
Key levels and opportunities for Bitcoin
While macroeconomic and technology news is weighing on the market, the Bitcoin price continues to attract attention. A drop below $95,000 could confirm further weakness, while levels below $90,000 could spook many retail investors. However, for long-term buyers, these levels could represent opportunities to accumulate.
The key will be to watch how buyers react at these critical points. Will we see significant volume to signal a change in trend? Or will uncertainty continue to predominate?
What do you think?
Do you think we'll see a rebound from current levels or an even deeper drop? Let me know in the comments! Also, if you're interested in following more financial market and blockchain news and analysis, don't forget to follow my channel.
Thanks for reading and see you in the next analysis!!! 💡💎
Support @mowgl1ph with follow
Follow me @mowgl1ph on Medium
Hello đź‘‹ my name is Jelvys Triana and I am an Industrial Engineer in Cuba, cu. I invite you to follow me. The posts I will bring to the blog will follow this simple and minimalist metric. I will only come to share my opinion of the moment on what is happening in the crypto market. Greetings.
