Bitcoin Slides Back to $100K — Is the Parabolic Run Finally Cracking?
NegativeCryptocurrency

Bitcoin's price has recently experienced a downturn, currently trading below $104,000 and encountering resistance near the $103,500 level. Analysts observe a bearish trend forming, with the critical support level identified around $100,000. Should Bitcoin remain below this threshold, further declines are considered possible. This shift suggests that the previously strong parabolic run may be weakening. Recent market data reinforce the notion that Bitcoin is struggling to maintain its upward momentum. The current price action highlights the challenges in breaking past established resistance points. Overall, the situation indicates increased volatility and uncertainty in Bitcoin's near-term price trajectory.
— via World Pulse Now AI Editorial System

