#BTCbelow100k 📉 Analysis of Bitcoin's Decline Today (Causes + Predictions)**
#### **🔍 Main Reasons for Today's Drop:**
1. **Selling Pressure from Whales:**
- Major investors started taking profits after the price approached **100K**, resulting in a sudden increase in supply.
- Some large addresses moved significant amounts to exchanges (potential sell signal).
2. **Strengthening of the US Dollar (DXY):**
- Bitcoin usually has an inverse relationship with the strength of the dollar.
- Improved US economic data (such as jobs or inflation) may strengthen the dollar and weaken Bitcoin.
3. **New Regulatory Concerns:**
- Statements from officials (such as the Federal Reserve Chair or European bodies) regarding tightening regulations on digital currencies.
- News about investigations into major exchanges like **Binance or Coinbase**.
4. **Volatility Before or After Breaking 100K:**
- The area close to **100K** is a strong psychological resistance, causing sharp fluctuations.
#Bitcoin #BTCbelow100k $BTC