Bitcoin at Critical Crossroads: Support Held, But Bears Eye Potential Breakdown

Bitcoin’s price hovers near a critical support level of around $99,200, testing the historic “Golden Line” from its 2023 bull market. While this area has remained unbroken since March 2023, analyst Doctor Profit predicts heightened volatility as selling pressure intensifies, potentially leading to a break in the trend. His short positions are set between $115K-$125K, anticipating further price drops if support breaks.