Bitcoin Bear Flag Signals Potential Drop to $97,000

Market analysts suggest a potential decline of Bitcoin to around $97,000 due to the emergence of a bear flag pattern. This analysis indicates caution within the crypto market and highlights key support levels for further price movement. Traders are observing potential bearish trends which could lead to a drop to $85,000 if the downturn continues. The influence of Bitcoin’s price action is expected to ripple across other altcoins as traders look to secure profits.