Bitcoin Falls Below $100,000, Could This Signal a New Bottom?

The price of Bitcoin (BTC) has fallen below the crucial $100,000 mark, raising questions about the future direction of the crypto market. Analysts are divided on whether this represents a new low point for the cryptocurrency or if it’s just a temporary dip before a recovery. Some remain skeptical, expecting further declines to potentially reach the $90,000 range before any potential rally. Others believe this price drop could signal the beginning of a bear market after the 4-year bull cycle came to an end. The article explores these conflicting predictions and analyzes various factors that may impact Bitcoin’s future trajectory, including expert analysis and historical trends.