#BTCBreaksATH

The cryptocurrency market records a strong bearish reversal overnight. This resulted in top tokens losing significant valuation within a short period. On the other hand, the Bitcoin price recorded a 24-hour low of ~$102k from its ATH of above the $109,000 level.

Considering the present market sentiments, will BTC price make a strong bullish comeback this week? In this article, we have uncovered the market sentiments and possible short-term price analysis of Bitcoin (BTC) crypto token.

BTC Price Retests Its Important Support Of $100k!

Bitcoin has lost ~3% in valuation with a 24-hour trading volume of $103,357 billion, a change of -8.97%. However, it has jumped 8.71% over the last seven days and has a YTD return of +11.76%. This highlights a long-term bullish action for it in the market.