Bitcoin’s $100K Cliff Edge: Brace for Selloff as Critical Support Teeters
Bitcoin dances on the precipice—that $100,000 support line isn't just a number, it's the market's psychological bedrock.
The Tipping Point
Fail to hold this level and the cascade begins. Institutional traders hover over sell buttons, retail investors panic, and leverage gets liquidated faster than you can say 'correction.'
Market Mechanics Exposed
Technical analysts point to weakening momentum indicators while derivatives data shows excessive long positions—the perfect storm for a classic crypto shakeout. Meanwhile, traditional finance veterans nod knowingly, having seen this movie before with other 'revolutionary' assets.
Remember when your financial advisor said volatility wasn't for the faint-hearted? They weren't kidding.