Oct 15, 2025
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Bitcoin Price Faces Potential Decline Below $100,000 Amid Bearish Trends
- Bitcoin's price is recovering after dropping to $102,000. It currently hovers around a critical midpoint of $111,994.
- If Bitcoin stays above this midpoint, it may reach the next major resistance at $117,605, suggesting a bullish trend and potential rally towards new highs. This scenario would favor buyers.
- If Bitcoin falls below the midpoint, it could lead to a further decline, possibly revisiting the recent low of $102,000. This would likely impact altcoins negatively.
- Some analysts observe signs of distribution in Bitcoin's price action, indicating a possible reversal pattern that could see prices drop below $100,000 before stabilizing.
