Bitcoin Faces Potential Drop to $105K Amid Market Concerns
TL;DR Summary
Bitcoin faces potential decline below $105,000 due to whale selling and market uncertainties during the Labor Day holiday, with short-term technical signals indicating downward pressure despite some retail buying interest at lower levels.
- Bitcoin at risk of Labor Day crash to $105K as sellers capitalize on OG BTC whale threat Cointelegraph
- Bitcoin’s drop wasn’t random, but the cause may surprise you Fast Company
- Crypto ‘buy the dip’ calls are spiking, which may signal more downside Cointelegraph
- Bitcoin heads toward $100K as US trade deficit, China bank woes raise alarm TradingView
- Bitcoin drops ahead of the long weekend Sherwood News
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