On the other hand, important support levels emerge that may limit any upcoming decline. The initial support is at the level of $103,622. If this level is broken, the next support area is around $97,000 to $100,000, which is historically considered a strong support zone.

Technical indicators show a divergence in signals; while some indicators on shorter timeframes indicate sell signals, indicators on longer timeframes (such as daily and weekly) still show consolidation and a tendency to buy, reflecting a state of uncertainty in the market.

Influential fundamental factors: Between the fog of fears and positive news.

On the news and fundamental factors front, the price of Bitcoin is negatively affected by the uncertainty surrounding trade and taxes in the United States, leading some investors to avoid high-risk assets.

Conversely, there is positive long-term news that may support the price, most notably:

* Increasing institutional interest: Major companies like "MicroStrategy" continue to bolster their Bitcoin holdings, and news about "Deutsche Bank" preparing to offer digital asset custody services in 2026 enhances confidence in the market.