Bitcoin’s Price May Plummet Below $100,000: Expert Analysis

Bitcoin’s price has dipped below the crucial $104,000 threshold, leading analysts to warn of a potential slide under $100,000. Growing concerns about macroeconomics and DeFi stability are driving this bearish trend. Prediction markets suggest a 74% chance of Bitcoin breaching the $100,000 mark in November, putting pressure on long-term support levels. Experts at 10x Research highlight the $100,000-$101,000 range as critical support, and failure to hold this zone could see BTC plummet towards $94,000 or even $85,000.