The price of #Bitcoin❗ could fall below $100,000: here is the reason why it is likely
The price of Bitcoin is stagnating due to insufficient buying by large holders, despite smaller investors driving demand.
Long-term holders are taking profits, increasing selling pressure and contributing to Bitcoin's downward trend.
Bitcoin is facing a likely drop to $100,000 unless large holders increase accumulation or the support of $102,734 holds.
The recent price action of Bitcoin has seen a marked decrease, with the cryptocurrency struggling to break free from a persistent downward trend.
Despite ongoing efforts by investors to accumulate Bitcoin and secure profits, these efforts seem to be failing in the face of broader market pressures.
