#bitcoin faced notable resistance around the $105,000 mark, which triggered a wave of profit-taking and aggressive sell-offs. This level acted as a psychological and technical ceiling for the recent bullish rally. The rejection from this zone has led to a sharp retracement, reflecting increased caution among market participants.
Currently, $100,000 is serving as a critical support level. This zone has held up well in the past as a pivot point, but this time, sentiment appears fragile. A clean break below $100,000, especially with high volume, could open the floodgates for intensified selling, potentially dragging Btc toward $96,000–$93,000 support zones.
Unless BTC quickly reclaims and holds above $102,500, I expect further downside pressure
