Bitcoin Is Recovering, But Can It Drop Below $80,000 Again?

Bitcoin price has dropped by more than 25% from its all-time high in November. Although it has started recovering today, with the price hovering above $91,000, macroeconomic factors continue to play a major role.   So, the question is, is there a risk of BTC failing to breach $100,000 and falling below $80,000? Japan Slowed The Bitcoin Recovery The Bank of Japan has rattled financial markets by suggesting it may raise interest rates, which can threaten the Japanese Yen carry trade, which has been a source of low-rate money borrowing for decades.   Concerns about an economic slowdown and the Federal Reserve holding rates steady instead of cutting them have also displeased investors source: https://beincrypto.com/bitcoin-drop-below-80k-probability-analysis/