Bitcoin Price Plunges Below $100,000, Signaling Potential Bear Market Entry

Bitcoin is facing continued downward pressure, falling to just under $101,000 as investors sell off the cryptocurrency. This latest downturn follows a string of bearish events that have seen Bitcoin’s value plummet by over 20% since its all-time high last month. The drop below $100,000 has raised alarm bells among analysts, some of whom now believe we may be witnessing the official start of a bear market.