#BREAKING

BTC risks dropping to $100k as it slips below key support levels

#btc #cryptouniverseofficial #bitcoin

Bitcoin is down 1.5% in the last 24 hours and now trades below $106k.

The leading cryptocurrency by market cap risks dropping to $100k after failing to hold key support levels.

The cryptocurrency market is having a poor start to the week, with Bitcoin relinquishing some of the gains it recorded last week. The world's leading cryptocurrency by market cap has lost 1.5% of its value in the last 24 hours and now trades below $106k.

At press time, the price of Bitcoin stands at $105,503 and could drop further if the bearish trend continues. BTC dropped to the $105,250 region on Tuesday, failing to hold a key support level at $105,800.

With the bears currently in control, Bitcoin's price could slip further in the coming hours

or days.