#BTCbelow100k

Bitcoin's current price is $107,003.08, which is above the $100,000 mark. However, there have been instances recently where Bitcoin's price dropped below $100,000. Here's what's been happening¹:

- *Recent Price Movement*: Bitcoin fell below $100,000 on Sunday, its lowest point since May, due to escalating tensions in the Middle East and a risk-off sentiment.

- *Market Sentiment*: Institutional adoption and Bitcoin ETFs have driven massive inflows of capital. Whale wallets are accumulating Bitcoin while smaller retail investors are selling.

- *Potential Support Levels*: If Bitcoin loses the $100,000 level, it could trigger a larger correction toward $90,000 or even $88,800.

Some analysts believe the bull market still has room for growth, while others expect a larger correction. Factors influencing Bitcoin's price include² ³ ⁴:

- *Institutional Investment*: Growing interest from institutional investors

- *Market Volatility*: Sudden price movements can impact trades

- *Global Events*: Economic and geopolitical events can affect market sentiment

Would you like more information on Bitcoin's price movement or market analysis?