Bitcoin fell below key support - How much further down?

FUD levels increasing

We have held above the 90-92k support area for many weeks now but today there was too much FUD. Trumps tariff policy against major trade partners like Mexico or Canada fuels FUD about inflation rising again. And that means less likely rate cuts by the FED and less liquidity for the markets. The Fear & Greed index is at 29 now, the highest fear level since September last year.

Watching Bitcoin

The crypto market is watching Bitcoins lead. So where will this correction end? Imo we are getting closer to bottoming, since the sentiment is so low now, almost every trader is short now and only the iron fist hodlers are still in. We could still fall further though, my best guess would be the lower 80s but the higher 70s are not impossible. So around -10 more percent. Latest then I expect massive buy the dip activity and the price turning around.

What is your expectation for the coming days and weeks?