Bitcoin Price Faces Risk of Drop to $100,000 Amid Key Support Breach

Bitcoin is facing increased risk as it breaches critical support levels. The potential for a price decline below the crucial $100,000 mark is heightened due to selling pressure from major holders. This follows significant asset shifts, with large Bitcoin holdings moving into Ethereum and U.S.-listed Bitcoin ETFs experiencing outflows worth $751 million. 📈 Despite technical indicators suggesting a possible rebound, analysts are cautious about the current market volatility.