Bitcoin's current price is $104,944.72, down 0.36% from its previous close. If BTC stays below $105,300, it may trigger a deeper correction, potentially revisiting the $100,000 mark. A drop below this level could signal a return of bearish sentiment. Here are some potential effects on the crypto market

- *Increased Volatility*: Bitcoin's tight range between $101K-$105K has caused market jitters, with potential price drops to $99K or lower.

- *Broader Market Impact*: A decline in BTC's value could lead to losses in other digital currencies, intensifying if the bearish trend continues.

- *Support Levels*: Key support levels to watch include $100,000, $90,000, and potentially $75,000 or lower if bearish sentiment takes hold.

- *Market Uncertainty*: Technical and macro factors indicate uncertainty, with potential volatility ahead for BTC and the broader crypto market.

Keep an eye on market trends and fluctuations for informed decision-making.