Bitcoin's recent price drop to $92,281, following a peak of $108,268, is linked to the US Federal Reserve's policy changes, including a reduction in projected rate cuts. Despite this decline, analyst Burak Kesmeci asserts that Bitcoin remains in a bullish cycle, with key moving averages indicating potential for recovery. Currently trading at $97,354, Bitcoin's market structure is still intact, and corrections of 20-30% are considered normal in bull runs.