• bitcoinBitcoin (BTC) $ 103,715.00
  • ethereumEthereum (ETH) $ 3,540.32
  • tetherTether (USDT) $ 0.999853
  • xrpXRP (XRP) $ 2.50
  • bnbBNB (BNB) $ 967.19
  • solanaWrapped SOL (SOL) $ 156.99
  • usd-coinUSDC (USDC) $ 0.999802
  • staked-etherLido Staked Ether (STETH) $ 3,537.47
  • tronTRON (TRX) $ 0.297853
  • dogecoinDogecoin (DOGE) $ 0.176197

These key support levels can help Bitcoin avoid a ‘bear flag’ crash to $88K

Bitcoin traded 13% below its $126K all-time high as traders said the BTC price could drop to $88K over the next few days if key support levels don’t hold.

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💡 DMK Insight

Bitcoin’s current price of $110,121 is precariously positioned, sitting 13% below its all-time high of $126K. Traders are eyeing the $88K mark as a potential downside target if critical support levels fail to hold. This scenario isn’t just about Bitcoin; it could trigger a broader market sell-off, impacting altcoins and related assets. If BTC breaks below its support, expect heightened volatility across the crypto space, as both retail and institutional players react. Keep an eye on the $100K psychological level—if it breaks, we could see a rush to the exits. On the flip side, if Bitcoin manages to hold above $110K, it could set the stage for a rebound, potentially attracting buyers looking for a dip. Watch for trading volumes and sentiment shifts, as they’ll be key indicators of market direction in the coming days.

📮 Takeaway

Monitor Bitcoin’s support at $100K closely; a drop below could lead to a swift decline towards $88K.

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