#BTCbelow100k
Analysis of Bitcoin's Drop Today (Reasons + Predictions)**
#### **🔍 Main Reasons for the Drop Today:**
1. **Selling Pressure from Whales:**
- Large investors started taking profits after the price approached **100K**, leading to a sudden increase in supply.
- Some large addresses transferred large amounts to exchanges (potential sell signal).
2. **Rise of the US Dollar (DXY):**
- Bitcoin typically has an inverse relationship with the strength of the dollar.
- Improvement in US economic data (such as jobs or inflation) could strengthen the dollar and weaken Bitcoin.
3. **New Regulatory Concerns:**
- Statements from officials (such as the Federal Reserve Chair or European authorities) about tightening cryptocurrency regulations.
- News about investigations into major exchanges like **Binance or Coinbase**.
4. **Volatility Before or After Breaking 100K:**
- The area close to **100K** serves as a strong psychological resistance, causing sharp volatility.