BTC extends post-October correction amid crash fears

Bitcoin trades near $88.5K, down about 2% on the day and far below its $126K October peak as investors digest warnings from Michael Saylor and others about potential index exclusions and a $1 trillion market drawdown. Extreme fear readings, heavy liquidations and concerns that corporate bitcoin-treasury buying has largely run its course are reinforcing expectations for a deeper correction even as ETF flows are viewed as the next major upside driver (Forbes, Yahoo Finance, CoinDesk).