Bitcoin Price Drops Below $100K Amidst Bearish Signals

Bitcoin experienced a significant decline on May 19th, dropping over 4.5% to reach around $102,000 – the lowest point in over a month. This drop is attributed to technical weaknesses and bearish market trends. Key support levels are identified as $97,000-$98,500, with analysts warning of a potential breakout below this level and a subsequent price decline toward the $100,000 mark.