<ul><li>Bitcoin saw an 11% drop from its all-time high of $111,000, with predictions that it may fall to $97,000 if key support levels are breached and trade tensions escalate.</li><li>A bear flag pattern on the four-hour chart indicates a potential price decline for Bitcoin to $97,000, with traders suggesting a further drop to $85,000 if crucial support levels like $100,000 are broken.</li><li>Momentum tools such as the Relative Strength Index (RSI) support the notion of a downward trend, with the RSI currently at 44 pointing towards a market bias for lower prices.</li><li>Traders are closely monitoring key price levels in early June, with $99,600 and $108,000 identified as critical zones. Analysts foresee potential declines to $92,000 and even $85,000 if Bitcoin fails to hold above key support levels amid escalating trade tensions.</li></ul>

Bitcoin Charts Suggest $97K Move: Bear Flag Pattern in Play

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