$BTC On the bearish side, Bitcoin’s notorious volatility and external uncertainties temper this enthusiasm. The same herd behaviour that drives it up can drive it down. Economic headwinds or sudden regulatory announcements could easily trigger corrections. Some analysts warn that the market’s current state resembles past peaks, where a dramatic sell-off was inevitable. As one analyst put it, some overbought signals and bearish chart divergences imply “risk of $BTC falling below $100,000” even if the broader trend is higher.