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BTC risks dropping to $100k as it slips below key support levels

  • Bitcoin is down 1.5% in the last 24 hours and trades below $106k, risking dropping to $100k after failing to hold key support levels.
  • The cryptocurrency market sees Bitcoin losing gains from last week, with the current price at $105,503, potentially dropping further due to bearish trend.
  • BTC's 4-hour chart indicates a bearish trend with more sellers than buyers, suggesting a potential drop towards $100k if current support levels are not maintained.
  • Bitcoin's price forecast shows a possible drop to $100k if it fails to hold key support levels, with a potential rebound towards $109k if it crosses certain levels on the chart.

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