Bitcoin fell below $95,000 on Tuesday, according to Bloomberg, one of the biggest declines of the year. Charlie Morris, chief investment officer at ByteTree Asset Management, said: "Bitcoin did break through $100,000, but it often takes time to overcome it to really break out of that range, and the level of $100,000 is a number we should get used to because unless capital flows can surge from now on, we will be at this level for a long time." Katie Stockton, technical analyst at Fairlead Strategies LLC, recommended in a report that after Bitcoin failed to hold above $100,000, an investment strategy biased towards "short-term neutral" should be adopted.