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.
💡 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.






