Bitcoin’s $100,000 Support Under Fire – Could a Major Correction Imminent?

Bitcoin’s price faces a critical crossroads as it approaches crucial support levels that could signal a market downturn. Recent resistance at the upper Bollinger Band of around $124,000 has pushed Bitcoin back toward the center band of approximately $107,000. This move raises concerns among analysts, as historical trends suggest Bitcoin struggles to sustain upward momentum after surpassing its price channel peaks. )