Market uncertainty surrounds Bitcoin as bearish sentiment grows, with key price levels facing pressure. Experts warn of potential volatility after a death cross possibility emerges. Despite these challenges, altcoins are exhibiting resilience. Insights: On August 30th, Adam, macroeconomic researcher at Greeks.live, highlighted the growing bearish sentiment surrounding Bitcoin, emphasizing its price vulnerability and the impact of upcoming non-farm payroll data on market stability. This observation foreshadows potential market volatility, reflected in $3.5 billion selling pressure and a resilient altcoin landscape, leading to questions about the current market structure. Historical Patterns**: Recent price movements have shown a decline of 1.94% over 24 hours, with Bitcoin (BTC) currently trading at $108,444.81. Despite this drop, the market cap remains significant at $2.16 trillion and there’s been a surge in trading volume (6.27%). Coincu research has noted that capital flow patterns may indicate upcoming market shifts as regulatory and financial sectors closely monitor developments. Expert Outlook: The resilience of altcoins offers possible hedging strategies within the current climate, while experts point to potential sectoral rotations or tactical hedges. It is worth noting that similar price tests at crucial levels near $108,000 in the past have historically resulted in increased market volatility during significant macroeconomic events. **Disclaimer**: This website provides general market commentary and does not constitute investment advice. Investors are encouraged to conduct their own research before making financial decisions.