Bitcoin Price Anxiety: Will a Dip Below $100,000 Trigger Mass Panic?

The cryptocurrency market is often volatile, and recent price movements in Bitcoin have left many investors wondering about potential market anxiety. With the possibility of Bitcoin falling below the critical psychological barrier of $100,000 looming, experts are sounding the alarm about a significant impact on investor confidence and the future stability of the market. Alex Thorn, head of research at Galaxy Digital, highlighted this concern in his recent analysis published by Cointelegraph. According to Thorn, a drastic drop below $100,000 could trigger a wave of panic selling, potentially impacting the already fragile bull market structure.