Recent price drops below key support levels at $108,000 have raised concerns among Bitcoin bulls as the cryptocurrency’s value remains stagnant. While optimistic statements from regulators and prominent figures like Vice President JD Vance and Senator Cynthia Lummis haven’t spurred substantial market movement, analysts warn of a potential drop to around $100,000 this week or over the weekend. Their reasoning? The absence of significant institutional capital flow into Bitcoin spot ETFs coupled with declining holdings by key investor groups suggests a lack of confidence. The analysis points to a potential correction rather than a full-blown reversal as traders await clarity on macroeconomic factors and price stabilization.