<ul><li>Bitcoin is facing a critical test as it drops over 7% from its all-time high near $112,000 amidst global uncertainty.</li><li>BTC is consolidating above $105,000 and approaching the 4-hour 200 moving average, a significant support level in previous bull cycles.</li><li>Market participants are monitoring Bitcoin's next move as it tests the $103,000 level and navigates macroeconomic stress and market liquidity shifts.</li><li>BTC is currently near $103,300, testing key support at $103,600, after a 7% retracement from its all-time high, with a potential next support level around $98,000.</li></ul>

Bitcoin Nears Crucial 4H MA 200 – Can Bulls Step In?

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