Bitcoin finds itself in a month-long local downtrend following its recent all-time high of $109,000. Currently, it has dipped to around $91,400. Traders and analysts are analyzing whether Bitcoin can shift its momentum and prepare for the next major wave upward. Market sentiment plays a crucial role in determining whether Bitcoin can regain its bullish stance. As Bitcoin continues to navigate through various price levels, staying informed will be vital for investors looking to seize opportunities.