<ul data-eligibleForWebStory="true"><li>BTC is testing the upper boundary of a long-standing price channel, with $100,000 as a critical support level.</li><li>A move above $100,000 could signal further upside potential, while failure to hold this level might lead to a deeper correction.</li><li>Analyst warns that if Bitcoin drops below $100,000, the likelihood of a downswing significantly increases with a potential retracement towards $78,500.</li><li>Bitcoin has faced strong resistance near $110,000 but finds support around $100,000.</li><li>A chart signals a looming risk, indicating a multi-month ascending pattern with $100,000 as a critical mid-range support.</li><li>In case $100,000 breaks, the next significant support zone is much lower, posing a potential 20% downside risk.</li><li>Bitcoin's volatile situation is influenced by geopolitical tensions, macroeconomic uncertainty, and mixed ETF inflows.</li><li>Traders are monitoring for institutional support to stabilize price action amidst market uncertainty.</li><li>The $100,000 level plays a crucial role in determining Bitcoin's short- to mid-term direction.</li></ul>

Bitcoin’s Critical Support Level: What Happens If Price Falls Below $100K?

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