$BTC drops below $102 thousand after night correction

Bitcoin is trading at approximately $102,128, with a decline of about 1.7% in the last 24 hours.

During the night, the price reached an intraday low of $101,500 reflecting a contraction in the crypto market.

This movement occurs amid a prolonged consolidation, with BTC fluctuating between $102 thousand and $104 thousand in recent days.

From a technical standpoint, immediate support is in the range of $101,500–102,000; a sustained loss of this zone could lead the price to test lower levels, such as $100,000 or lower. On the other hand, a recovery above $104,000 could signal a resumption of the upward trend.

What do you think about this?

Are you prepared for the next cycle?