Bitcoin Maintains Above $105K Amid Geopolitical Tensions and Market Volatility
TL;DR Summary
Bitcoin's key support level at $102K is under threat as on-chain metrics like MVRV, NVT, and stock-to-flow indicate weakening fundamentals. A breach of this support could lead to a sharp decline toward $82K, with technical indicators and market sentiment suggesting increased bearish pressure. The outcome hinges on whether bulls can defend the $101K support zone amid rising volatility and declining scarcity narratives.
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