According to André Dragosch, PhD, Bitcoin is currently demonstrating limited downside when compared to equities. The analysis suggests that Bitcoin may be reacting positively to potential macroeconomic policies, which could include monetary easing or 'money printing'. This observation is critical for traders as it signals Bitcoin's relative strength in the current market environment, indicating potential for upward movement if traditional markets face further declines.

According to Michaël van de Poppe, a well-known cryptocurrency analyst, traders often desire significant gains, such as a 1,000% upside, but struggle to accept the potential 50% downside that comes with such high-risk investments. This highlights the inherent volatility in cryptocurrency markets and the importance of risk management for traders (source: Michaël van de Poppe via Twitter).

According to Greeks.live, the community's overall market sentiment is predominantly bearish, with traders expecting further downside. They are also expressing frustration over extreme market volatility and are closely monitoring the 87-89k range for potential movements.

According to CrypNuevo, Bitcoin faced a rejection at the 1D50EMA resistance, which led to a drop below the range lows, opening a path to further downside. The asset has now filled both the new CME gap and 50% of the 1W wick, as anticipated in previous analyses.

According to CrypNuevo, Bitcoin liquidations at $99k are aligning with the mid-range, indicating that after clearing downside liquidations, the focus is now on upside liquidations. This suggests a strategic point for taking profit on long positions as part of a complete trade strategy.