Today, Bitcoin (BTC) is trading around $102,700, after a drop of 1.39% in 24 hours, according to Crypto Times. The crypto market lost 4.4%, with a volume of $119 billion, reflecting a bearish sentiment. The total capitalization is $3.4 trillion. The fear and greed index rose to 71, indicating caution due to a possibly overbought market. Despite this, Bitcoin ETFs in the U.S. saw inflows, reversing outflows of $96.14 million from Tuesday.

Bitfinex analysts see a long-term bullish outlook, projecting $150,000-$180,000 for 2025-2026, driven by inflation and a weak dollar. However, a key level to watch is $101,900; dropping below could bring BTC under $100,000. On the other hand, reclaiming $103,000 could trigger the price. The news of a cyber attack on Coinbase, with attempted extortion of $20 million in BTC, adds uncertainty.