<ul data-eligibleForWebStory="true"><li>Bitcoin is currently holding support at $104,124 on the UTXO Realized Price Distribution, a significant level for investors.</li><li>If this support fails, analysts warn that Bitcoin could drop towards $97,405.</li><li>Trader Daan Crypto Trades notes indecisiveness on Bitcoin's weekly chart, emphasizing the importance of breaking and holding above $108,000 for bullish confirmation.</li><li>Key levels to watch include support at $104,124 and $97,405, with resistance at $108,000.</li><li>Bitcoin's recent inability to reclaim $108,000 and stall near $104,000 suggests hesitation in the market.</li></ul>

Bitcoin Holds $104K Support — But Drop Toward $97K Looms if Broken, Analysts Warn

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