Bitcoin's price could drop below $100,000 again, especially after being rejected at the resistance zone around $112,000. The current correction is natural, supported by the lack of a positive catalyst and weak technical signals. If the $100,000 support level is broken with high volume, the price could fall toward the $98,000–$98,500 area.
One reason why Bitcoin could drop below $100,000 is profit-taking by investors after the rapid rise toward the $112,000 resistance zone. This massive selling reduces demand and can lead to a price decline, especially in the absence of positive news to support the continuation of the upward trend.
