Bitcoin's recent attempt to break above its long-term trend line, established from the 2017 and 2021 highs, has failed, increasing the risk of a decline towards $100,000. To counter this bearish trend, bulls must push the price back up to $121,800. This development highlights the ongoing volatility and challenges in the cryptocurrency market as traders watch for key price levels.
Bitcoin Faces Potential Drop to $100K After Failed Breakout
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