Editor’s note: I respect your time and intellect. This article was written with no help from AI. Please excuse the occasional typos, ranting and slang. Right, so here we are once again withBitcoin trading at $86kat the time of writing, way off thephysiological support of 100kand approximately35% off its recent all-time high of $126k. With so much going on in the market, I’ll be going through the key events that are causing this bearish sentiment, along with some key areas of support that I’ll be looking out for in the days ahead. Why is Bitcoin Falling? The media can probably spin up 101 reasons why Bitcoin is falling, but based on my analysis, I believe that the 3 biggest reasons are as follows:

1. Fed Uncertainty

• The Fed always plays a part in these things. Unfortunately, during their recent meeting about a month back, Powell came out to say that the December rate cuts are “not a foregone conclusion.”

...