Will Bitcoin Crash Below $100K? Network Activity Plunges 45% as Bulls Lose Steam

$BTC is flashing warning signs.

Currently trading at $106,972, BTC is down 0.6% today and 0.3% this week, hovering just above its critical support at $105,000. Holding this level is make-or-break—failure could open the door for a plunge below the psychological $100K mark.

But here’s what’s fueling the fear:

📉 On-chain weakness. Large BTC transactions over $100K have collapsed by 45.3% in the past month. From 30,840 whale-sized moves on May 22 to just 16,860 by June 29, the drop suggests serious hesitation among big players.

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