Bitcoin Price on the Brink: Could a Break Below $104,000 Spell Disaster?

Bitcoin’s recent rally has left investors optimistic but cautious as it approaches crucial support levels. After soaring past $110,000, Bitcoin’s chart shows signs of fragility. Crypto analyst Crypto Patel highlights the importance of a specific price point: if Bitcoin falls below $104,000, it could unleash significant selling pressure and potentially trigger a correction of monumental proportions. The market is currently poised between bullish optimism and cautious uncertainty as short-term momentum wanes.